you are currently viewing:South Asia's Growth Prospects Dimming Amid Global UncertaintyApril 23, 2025—Increasing domestic revenues key to stronger fiscal buffers
Released today, the latest South Asia Development Update, Taxing Times, projects regional growth to slow to 5.8 percent in 2025-0.4 percentage points below October projections-before ticking up to 6.1 percent in 2026. This outlook is subject to heightened risks, including from a highly uncertain global landscape, combined with domestic vulnerabilities including constrained fiscal space. Source: World Bank |
March 25, 2024--Combining overhauls in areas including business and external regulation, governance, and human development can boost output levels by 3 percent over four years.
Southeast Asia's major economies have made major strides over the last couple of decades.