South Asia’s rapid progress under threat, IMF warns

Millions have escaped poverty but “bold” policies are needed to avoid backsliding

asia pacific

South Asian countries’ success in rescuing citizens from poverty could be under threat, the International Monetary Fund warns.

Antoinette Sayah, IMF deputy managing director, said countries needed to enact “bold reforms” if they are to continue making progress. Countries in the region have managed to lift some 250 million people out of extreme poverty in the last two decades.

But another 250 million people still live on less than $1.90 a day across the region. A failure to co-operate, enact

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