2024 ASEAN+3 Financial Stability Report highlights reduced risks but addresses ongoing challenges including geopolitical tensions, inflation, and global growth slowdown.

The ASEAN+3 Macroeconomic Research Office (AMRO) released its 2024 Financial Stability Report, noting reduced financial instability risks in the region, driven by disinflation and economic growth. However, challenges persist, including geopolitical tensions, inflation, and a slowdown in global growth. Key concerns include high corporate debt, especially in real estate, and heavy reliance on the US dollar. AMRO recommends policy vigilance and strengthening financial institutions to enhance resilience against potential shocks.

October 10, 2024
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