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9 May 17
The International Monetary Fund has upped its 2017 growth forecast for Asia and the Pacific to 5.5% – a 0.2 percentage point increase on October 2016’s forecast and the strongest outlook in the world...
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8 May 17
More and better public finance is essential to finding the 10.5% of GDP Asia-Pacific’s poorest countries need to bridge debilitating infrastructure gaps, according to the United Nations.
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4 May 17
The Asian Development Bank will offer independent advice on dispute resolution in public-private partnerships as part of an initiative announced today.
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3 May 17
The civil service is to be upheld as the “backbone” of good governance and development in south-east Asia, according to a declaration signed by the region’s leaders last week.
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3 May 17
Strong, proactive fiscal governance is critical to securing development gains in Asia-Pacific, the United Nations body dedicated to the region has said.
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28 Apr 17
New Zealand plans to cut its net public debt to as low as 10% of GDP by 2025, finance minister Steven Joyce has announced.
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25 Apr 17
Asian Development Bank lending surpassed the $30bn mark for the first time in the bank’s 50-year history in 2016, its annual report has highlighted.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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11 Apr 17
The Philippines will remain one of the region’s top tiger economies for the next two to three years, the World Bank has predicted.
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10 Apr 17
Government support for agriculture in the Philippines is inefficient and in some ways counterproductive, increasing the country’s malnutrition problem, the OECD has said.
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6 Apr 17
Pakistan will not meet its deficit target in 2017, the government has admitted, as the International Monetary Fund warned more tax increases and spending cuts will be needed to maintain progress.
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6 Apr 17
Asia-Pacific now accounts for 60% of the world’s economic growth, more than any other region, the Asian Development Bank has highlighted.
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5 Apr 17
The UK has pledged almost £100m of new funding to help landmine clearance in developing countries, tripling its existing commitment in the area.
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3 Apr 17
A development plan for South Asia launched today hopes to add $70bn and 20 million jobs to the region’s economy by 2025.
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29 Mar 17
Approved loans from the China-led Asian Infrastructure Investment Bank have hit $2bn since the bank opened for business last year.
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27 Mar 17
An Indonesian tax amnesty scheme has seen over $330bn in assets declared in less than a year, making it one of the most successful ever conducted.
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23 Mar 17
The OECD has urged China to address financial risks that are mounting as a result of rising corporate debt, over-capacity in certain sectors and inflated house prices.
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7 Mar 17
The United Nations has called for $2.7bn to support the recovery of Haiti, which suffered widespread damage during Hurricane Matthew six months ago.
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6 Mar 17
The World Bank has committed $125m to improving vocational training and apprenticeships in India.
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28 Feb 17
Countries across Asia and the Pacific need to spend $1.7tn on infrastructure every year until 2030 to maintain momentum on economic growth and tackle climate change, the Asian Development Bank has...
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23 Feb 17
Ratings agency Fitch has warned of the risk posed by China’s high local public debt issued through a back door route.
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23 Feb 17
New Zealand has recently started looking into the thorny issue of how to measure and improve productivity in the public sector
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23 Feb 17
India’s growth will slow by around 1% as a result of its sudden demonetisation experiment, the International Monetary Fund has said, although the impact will only be temporary.
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22 Feb 17
Government ministries in Singapore will have their spending caps permanently cut by 2%, it was announced in the country’s budget earlier this week.
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20 Feb 17
Mongolia has secured a provisional agreement for a $5.5bn programme with the International Monetary Fund, preventing a slip in its international credit rating.