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A Lowy Institute report says official development finance to Southeast Asia fell to its lowest level in a decade in 2024, as Japan, China and the United States reduced funding. It says multilateral institutions are becoming more important as bilateral aid declines.
Official development finance to Southeast Asia reached USD 26000000000 in 2024.
ASEAN energy ministers are meeting in Manila to discuss regional energy security, fuel-sharing and power-grid integration amid supply disruptions linked to the Iran war.
ASEAN’s 11 member states imported about half of their oil needs from the Middle East before the Iran war.
Indonesia plans 500 megawatts of initial nuclear capacity.