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Inclusive Growth

Overview

Prior to the COVID-19 pandemic countries of the region had encountered long periods of economic growth and poverty reduction successes.  However, in the wake of the pandemic large sections of the region’s population have become poor and many more remains vulnerable to poverty and at risk of exclusion. For many, vulnerability is linked to lack of formal sector employment opportunities, which has led to increased insecurity, and also to large migration flows.  High and growing inequalities are increasingly understood to undermine prospects for sustainable development through a multitude of channels.  The Inclusive Growth Team in Europe and Central Asia focusses on reducing poverty, inequality and promoting social inclusion and sustainable financing for equitable solutions.

US$560 million

The amount of export contracts UNDP's Aid for Trade initiative has helped negotiate in Central Asia, mostly in the agricultural sector.

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