That was based on a premise that Turkey was a safe country for refugees. Lots of international analysts cast doubts on this after the latest bout of political instability and the heavy crack-down on suspected dissidents in the military, the judiciary and even higher-education in our neighbouring country.
AsiaPacific countries have striven to establish regional financial safety nets and develop fixed income markets through the Chiang Mai Initiative Multilateralization(CMIM), the Asian Bond Markets Initiative(ABMI), and the Asian Bond Fund(ABF). We also need to continuously expand our cooperation not only within the region but also with international organizations such as the IMF and BIS to strengthen global financial safety nets.