Cross-government Prosperity Fund
ASEAN Economic Reform Programme
IATI Identifier: GB-GOV-50-PF-18-ASEANER
The ASEAN Economic Reform programme is designed to tackle two fundamental constraints to growth – a poor business environment and underdeveloped financial markets. Improving the business environment is a key enabler for inclusive economic growth and can provide a significant positive impact on poverty and inequality. It will also positively impact companies in all sectors, providing a more solid foundation for international companies to invest and operate throughout the region. Broadening and deepening financial markets reduces the cost of doing business, increases financial inclusion and reduces constraints on investment, thereby increasing competitiveness and growth potential. The programme will operate in Burma, Indonesia, Malaysia, the Philippines, Thailand and Vietnam and is due to start its inception in November 2018, with some areas of the programme already being delivered through multilateral partners. Finance providers, FinTech companies and accountancy firms – where the UK has particular strength – are amongst those who stand to benefit directly, along with a wider indirect benefit supporting growth across all business sectors.
Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.
A comparison of forecast spend and the total amount of money spent on the project to date.