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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account