The conference was initiated by the Indonesian Ministry of Finance in cooperation with the National Development Planning Agency of Indonesia, Bank Indonesia, ADB, UN DESA, and ISEA. Held in the Grand Hyatt Bali, Nusa Dua, the conference was opened by the Minister of Finance H.E. Dr. Muhammad Chatib Basri, S.E. M. Ec., and attended by 250 participants from governmental institutions, universities, corporate, banks and finance institutions.