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Stronger institutions and policies can help broaden the coverage and benefits of social protection spending.
To avoid large economic losses from climate change, Southeast Asia can lead the way in global climate action by shifting towards a low-carbon economy.
To increase sustainability and inclusiveness of growth, Papua New Guinea and Timor-Leste need to look at ways to improve the quality and efficiency of public spending.
Policy challenges include the shift in financial intermediation away from traditional banks toward digital finance providers.