Asia Economy

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From where can Sri Lanka secure external financing to fund the country’s Covid-19 mitigation and recovery strategies, and which industries are best placed to act as growth engines of the economy in the recovery phase?

The onset of a coronavirus-induced global recession has affected both labour markets and financial flows across the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades.

Papua New Guinea’s foreign currency reserves are being put under renewed pressure by the coronavirus pandemic, but there is hope that gold exports could partially offset falling prices and lower demand in other commodity markets. 

As much of the Philippines remains under 'enhanced community quarantine' due to Covid-19, the country’s vital business process outsourcing (BPO) industry has adjusted to new working practices and shifts in demand.

What are the implications of Covid-19 for ASEAN and the work of the UKABC?

As the fallout of the Covid-19 pandemic continues, economists in Malaysia have outlined a series of proposals that could be used to fund the country’s record stimulus package.

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