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Armida Salsiah Alisjahbana

Financing economic recovery

2 mins read

The FINANCIAL -- As the socio-economic impacts of the COVID-19 pandemic spread across the length and breadth of Asia and the Pacific, finance ministries are continuing their relentless efforts to inject trillions of dollars for emergency health responses and fiscal packages. With continued lockdown measures and restricted borders, economic rebound seems uncertain.  Compared to 2019’s economic situation, over the past six months, countries in Asia and the Pacific have been experiencing sharp drops in foreign exchange inflows due to declines in export earnings, remittances, tourism and FDI. This is worrying as policymakers are tackling difficult choices over how to prioritize…

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Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific

Financing economic recovery

2 mins read

The FINANCIAL -- As the socio-economic impacts of the COVID-19 pandemic spread across the length and breadth of Asia and the Pacific, finance ministries are continuing their relentless efforts to inject trillions of dollars for emergency health responses and fiscal packages. With continued lockdown measures and restricted borders, economic rebound seems uncertain.  Compared to 2019’s…