Asia Pacific round-up: New Zealand must stick to economic plan, says English, and more

17 Oct 13
A round-up of public finance news stories from Asia Pacific you might have missed.

A round-up of public finance news stories from Asia Pacific you might have missed.

New Zealand must stick to economic plan, says English

To fix the issues facing New Zealand's economy, the public sector needs to call on the expertise of the private financial sector, Finance Minister Bill English says. (stuff.co.nz)

WA premier says voluntary redundancies likely to exceed 1,000 from public sector

Western Australia Premier Colin Barnett says he expects applications for voluntary redundancies in the public service to exceed 1,000 as the government pushes ahead with plans to overhaul the sector. (ABC)

China broadens private capital access to public sector

In a renewed push to improve public services and infrastructure, governments across China are soliciting private investment and expertise in sectors ranging from transportation to sewage treatment. (Xinhua)

 

Philippine public sector debt climbs by 2%

The Philippines' consolidated public sector debt rose by 2 percent to 7.7 trillion pesos ($178bn) as of March this year from end-2012 debt, the Department of Finance (DOF) said Thursday. (Global Times)

 

Japan economy on track as stimulus spending eyed

Japan's economy will remain on track as the government prepares a 5 trillion yen ($50.6bn) stimulus package to offset the drag from a sales tax increase scheduled for next April, a Reuters poll showed. (Reuters)

 

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