Tuesday, 22 July 2025

South Asian Update
South Asian Update

The World in Brief

Southeast Asia's foreign assistance to fall more than $2bn next year

 Published: 12:24, 21 July 2025

Southeast Asia's foreign assistance to fall more than $2bn next year

Development financing to Southeast Asia is expected to fall by more than $2bn in 2026 due to recent cutbacks by Western governments, according to a major Australian think tank.

The Sydney-based Lowy Institute predicted in a new report on Sunday that development assistance to Southeast Asia will drop to $26.5bn next year from $29bn in 2023.

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