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4h agoASEAN Urged to Adopt Next-Generation Policies for Productivity Surge
Addressing the International Monetary Fund (IMF) in Southeast Asia, Managing Director Kristalina Georgieva stressed that the Association of Southeast Asian Nations (ASEAN) block must implement structural reforms—such as removing red tape, enhancing workforce skills and deepening financial and technology integration—to unlock its large-scale productivity potential. With a combined GDP exceeding US$4 trillion and growth rates running above global averages, the region is seen as ripe for acceleration but also vulnerable if reforms lag. The focus shifts from stimulus to sustainment of growth.
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4h agoASEAN Urged to Adopt Next-Generation Policies for Productivity Surge
Addressing the International Monetary Fund (IMF) in Southeast Asia, Managing Director Kristalina Georgieva stressed that the Association of Southeast Asian Nations (ASEAN) block must implement structural reforms—such as removing red tape, enhancing workforce skills and deepening financial and technology integration—to unlock its large-scale productivity potential. With a combined GDP exceeding US$4 trillion and growth rates running above global averages, the region is seen as ripe for acceleration but also vulnerable if reforms lag. The focus shifts from stimulus to sustainment of growth.
Explore:Mutual Fund AI Screening
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ASEAN Urged to Adopt Next-Generation Policies for Productivity Surge
about 5 hours ago
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IMF calls on ASEAN to execute structural reforms to capitalise on its high-growth potential.
Addressing the International Monetary Fund (IMF) in Southeast Asia, Managing Director Kristalina Georgieva stressed that the Association of Southeast Asian Nations (ASEAN) block must implement structural reforms—such as removing red tape, enhancing workforce skills and deepening financial and technology integration—to unlock its large-scale productivity potential. With a combined GDP exceeding US$4 trillion and growth rates running above global averages, the region is seen as ripe for acceleration but also vulnerable if reforms lag. The focus shifts from stimulus to sustainment of growth.
Addressing the International Monetary Fund (IMF) in Southeast Asia, Managing Director Kristalina Georgieva stressed that the Association of Southeast Asian Nations (ASEAN) block must implement structural reforms—such as removing red tape, enhancing workforce skills and deepening financial and technology integration—to unlock its large-scale productivity potential. With a combined GDP exceeding US$4 trillion and growth rates running above global averages, the region is seen as ripe for acceleration but also vulnerable if reforms lag. The focus shifts from stimulus to sustainment of growth.
Tags:
economy
asia
economy
asia
ASEAN
reforms
productivity
Nov 1, 2025 • 19:57 IST