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Southeast Asia has navigated the economic impacts of COVID-19 and Russia’s invasion of Ukraine relatively well, but at a high cost: slower poverty reduction, significant learning losses, and large budget deficits. Despite the crucial role of international development finance in supporting the region, this funding is steadily declining. Continued cuts in external support could severely hinder Southeast Asia’s recovery and future development progress.
The second edition of the Lowy Institute’s Southeast Asia Aid Map, released today,…