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6 Oct 20
The next Australian budget will see the government take on record amounts of debt, with treasurer Josh Frydenberg saying he wants to support businesses to keep people in jobs during and after the...
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29 Sep 20
Social assistance to poor and vulnerable families will help the economy weather the Covid-19 storm, the Philippines has been told.
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25 Sep 20
Malaysia’s government has praised the “solidarity and cooperation” of its people after a Sukuk scheme to help finance its economic recovery was oversubscribed.
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23 Sep 20
Cambodia will work to improve public financial management among its local governments, after obtaining a loan from the Asian Development Bank.
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17 Sep 20
More than 40 finance and health ministers from across the Asia Pacific region have pledged their support for universal health coverage.
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10 Sep 20
Asian countries have been urged to address the youth unemployment crisis caused by Covid-19, by using schemes such as wage subsidies and large-scale public employment programmes.
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8 Sep 20
Japan is set to spend 671.4bn yen (£4.86bn) from its emergency budget reserves to secure vaccines for Covid-19.
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2 Sep 20
Cambodia has received approval on a $250m loan from the Asian Development Bank, to help with the country’s response to Covid-19.
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28 Aug 20
Japanese prime minster Shinzo Abe is to resign as leader of the nation due to ill health.
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21 Aug 20
Muhammad Afnan Alam outlines the role Sukuks are expected to play this year and beyond in Asia and the Middle East, as Covid-19 and low oil prices shake economies.
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19 Aug 20
CIPFA’s Alan Edwards has been appointed as chair of a committee working to improve public financial management in the Asia Pacific region.
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18 Aug 20
A $1bn loan will help India build a modern high-speed rail system around its capital city, the Asian Development Bank has said after it approved the financing deal.
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13 Aug 20
Higher funding needs from responding to Covid-19 along with declining oil sales will lead to greater sukuk issuance this year by the largest sovereign issuers, despite its decline as an overall share...
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13 Aug 20
Kyrgyzstan should “aggressively” strengthen its health, social protection and employment systems if it is to meet the development challenges posed by the Covid-19 pandemic, a report has urged.
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12 Aug 20
Asian governments are expected to channel more money into domestic supply chains following Covid-19, according to ratings agency Moody’s.
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11 Aug 20
The OECD has warned South Korea against complacency despite the country suffering the least severe recession of its member countries following the Covid-19 outbreak.
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11 Aug 20
Muhammad Afnan Alam explores different Asian government's digital approaches to Covid-19, identifying successes across the continent.
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3 Aug 20
Southeast Asian governments have been urged to address the “fiscal termites” making it difficult to support their citizens through the economic crisis caused by Covid-19.
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31 Jul 20
Japan has pushed its budget surplus target back because of the impact Covid-19 has had on the government’s finances.
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24 Jul 20
Australia’s budget deficit is expected to reach $185bn (£103bn) in the current financial year as the government battles against the health and economic crisis caused by coronavirus.
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16 Jul 20
Further high-level spending on health and social assistance programmes will be needed in Indonesia once the Covid-19 pandemic is over, the World Bank has said.
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9 Jul 20
Governments and organisations, including multilateral development banks, are funding tens of billions of dollars in development projects and programs to help countries respond to Covid-19. The...
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7 Jul 20
Global poverty is rising despite “triumphalism” about its perceived decline, according to a global report from a former United Nations official, who also released specific reports on Malaysia and...
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7 Jul 20
Indonesia’s government and central bank have agreed to a £32bn bond scheme to finance the country’s recovery efforts from the economic crisis caused by Covid-19.
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1 Jul 20
The Covid-19 pandemic has highlighted structural problems in the financial relationship between Pakistan’s federal and provincial governments, according to Muhammad Afnan Alam.