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IMF chief urges ‘next-generation’ reforms to unlock ASEAN’s growth potential
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A multilateral lender urged reforms to raise ASEAN productivity, deepen financial integration and attract private capital, framing the bloc as a global growth out-performer.
Addressing leaders in Kuala Lumpur, the head of a multilateral lender called for policies to boost productivity, integrate capital markets and accelerate green and digital transitions across ASEAN. The remarks cited the bloc’s $4 trillion GDP and growth pace outstripping the global average, while highlighting risks from geoeconomic fragmentation and climate impacts. Recommended steps include deepening regional financial links, improving human-capital mobility and catalysing private investment through predictable rules. Investors will parse whether member states signal concrete milestones in the months ahead.