JAKARTA -- Southeast Asian governments have increasingly turned to highly unusual measures to fund state coffers depleted by prolonged pandemic relief programs, raising the specter of a sell-off in the region's currencies.
Economy
ASEAN finances eroded by pandemic, stoking risk of currency slump
Thailand, Indonesia and Malaysia resort to drastic measures to fund COVID relief
People outside a shopping mall in Jakarta in August. The Indonesian government that month entered into a debt-financing scheme with the central bank to keep the economy afloat. © Reuters
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