ASEAN and the IMF: staying on track with the Sustainable Development Goals
The member countries of the Association of Southeast Asian Nations (ASEAN) continue to achieve strong growth, projected to average 5.2 percent for 2018. Such growth rates have helped to lower poverty, boost incomes, and improve economic welfare.
Despite progress, the region still faces challenges in reaching the Sustainable Development Goals (SDGs).
A new report titled ASEAN Progress Towards Sustainable Development Goals and the Role of the IMF (in English) takes stock of the challenges ahead and provides an overview of how the IMF is supporting ASEAN countries as they pursue their development agendas.
The report recommends that countries adopt country-specific strategies, including more quality government spending on priority areas such as infrastructure, education and health, to help improve welfare and ensure that the benefits of growth are widespread.
Press-release at the IMF official web-site