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29 Sep 21
The Indonesia government is set to spend $190bn next year, as the nation aims to gradually reduce its deficit to 3% of GDP.
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17 Sep 21
World Bank economists have urged Bangladesh to redirect social protection schemes towards the urban poor, saying the move could cut the extreme poverty rate from 22% to just 4%.
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14 Sep 21
Malaysia’s cabinet wants to increase the government’s legal debt limit for the second time in two years, to allow it to continue to deal with the Covid-19 crisis.
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9 Sep 21
Chinese government revenue and spending could match for the first time in more than three decades, even with Beijing looking to spur the economic recovery from Covid-19, a researcher has found.
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1 Sep 21
South Korea is looking to create a “virtuous cycle” of public spending and economic growth, unveiling its 2022 budget which is set to take government debt over 50% of GDP for the first time.
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27 Aug 21
Australia’s Future Fund has reported a return of 22% - its highest ever - during the last fiscal year, with its portfolio ending up worth $197bn (£105bn).
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27 Aug 21
The Bank of Korea has raised its base rate for the first time since the outset of the Covid-19 pandemic, becoming the first central bank to do so among the large Asian economies.
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25 Aug 21
The World Bank has stopped funding aid programmes in Afghanistan in light of the Taliban taking control of the country.
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24 Aug 21
Leasing state-owned infrastructure is set to make the government 6trn rupees (£59bn) in the next four years to fund new capital spending, according to official plans.
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23 Aug 21
The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
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19 Aug 21
CIPFA worked with Bangladesh’s ministry of finance to bring the country’s public financial framework into the 21st century.
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18 Aug 21
New Zealand’s central bank has decided against a widely-expected rise in interest rates due to new restrictions to combat a new Covid-19 infection.
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17 Aug 21
The Taliban must ensure continuity of public services in Afghanistan after taking power so as to mitigate the humanitarian crisis engulfing the country, the leader of the United Nations has said.
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17 Aug 21
Thailand's central bank chief has called on the government to invest a further 1trn baht ($30bn) into fighting Covid-19, as restrictions continue to affect the economy.
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13 Aug 21
Ballooning budget deficits in developing Asian countries have been tipped to slow their progress towards the United Nations’ 2030 development goals.
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13 Aug 21
Afghanistan will miss out on the €430m of German aid it receives each year if the Taliban gains control of the country, Germany’s foreign minister has said.
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12 Aug 21
Weak medium-term growth means the Japanese government faces a challenge to bring down its sky-high public debt, rating agency Fitch has said.
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9 Aug 21
New waves of Covid-19 have highlighted the urgency of getting more vaccine doses to people in the Asia Pacific region, the Asian Development Bank has said.
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9 Aug 21
Stimulus is a “more appropriate instrument” than quantitative easing to aid the economic hit of regional Covid-19 lockdowns in Australia, according to the governor of its central bank.
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30 Jul 21
Sanctions and Covid-19 have led North Korea’s economy to its biggest contraction in more than two decades, according to South Korea’s central bank.
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29 Jul 21
US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
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27 Jul 21
China is aiming to take increasing control over the often-secret debt in its local government sector, according to state-run financial media.
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27 Jul 21
Myanmar’s economy could be 30% worse off due to the impact of political turmoil and Covid-19 on development progress, according to the World Bank Group.
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26 Jul 21
Sri Lanka has criticised rating agency Moody’s for its “surprise” downgrade review ahead of a looming debt repayment deadline it insists it was always able to pay.
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20 Jul 21
A country-by-country look at initiatives being taken by Asia Pacific governments to encourage sustainable investing.