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28 Jun 21
Proposed reforms would reduce Indonesia's ‘tax gap’ to levels more in line with other countries, according to the country's finance minister.
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22 Jun 21
Professional accountancy organisations can be central to implementing, maintaining and strengthening effective public financial management, according to the Confederation of Asian and Pacific...
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10 Jun 21
The Japanese government still officially aims to reach a budget surplus by 2025 despite the impact of Covid-19 on its public finances.
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10 Jun 21
Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
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9 Jun 21
The Chinese economy will grow at a slower rate in the second half of this year as external supply chain disruptions impact on Covid-19 recovery, according to ratings agency Moody’s.
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9 Jun 21
Indonesian public finances will rely heavily on the economic recovery from Covid-19 to get back on track, but ratings agency S&P Global said the government’s record is reassuring.
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14 May 21
A robust rebound from the Covid-19 economic crisis has allowed Australia to present its 2021-22 budget in a far better position than it expected to.
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13 May 21
Myanmar’s alternative 'national unity government' will not honour the ruling junta’s debts if it gains power, its finance minister has said.
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12 May 21
Historically high debt is set to test South Korea’s fiscal mettle but a strong economy has helped it retain an Aa2 rating with ratings agency Moody’s.
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10 May 21
Malaysia’s sovereign wealth fund is suing nine institutions and 25 people in an attempt to recover money it said was lost during a corruption scandal that toppled a previous government.
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6 May 21
New Zealand has been urged to scale up its interventions in the labour market to ensure its recovery does not leave sections of society behind.
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5 May 21
Thailand is planning a new round of measures to help low-income groups through its biggest wave of Covid-19 cases since the pandemic began.
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5 May 21
India’s second wave of Covid-19 could derail its previously strong economic recovery and damage its credit profile, ratings agency S&P Global has said.
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5 May 21
The pandemic and the political crisis in Myanmar are threatening to bring the country to the point of economic collapse, reversing more than a decade of human development gains, the United Nations...
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28 Apr 21
Developing economies in Asia could recover faster than expected from Covid-19 but some countries are likely to lag behind, the Asian Development Bank has said.
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26 Apr 21
A “perfect storm” of crises has left small island developing states in desperate need of financial help, a top United Nations official has warned.
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22 Apr 21
Taiwan’s credit rating has been upgraded to ‘AA’ from ‘AA-’, after the nation managed to come out of Covid-19 “largely unscathed”, according to ratings agency Standard and Poor’s.
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14 Apr 21
Vietnam’s successful campaign to contain the spread of Covid-19 could lead to an upgrade to its credit rating, according to a ratings agency.
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13 Apr 21
India’s planned 111 trillion rupees (£1trn) investment in infrastructure will require the state to play a major role in attracting investment, according to ratings agency Standard and Poor’s.
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8 Apr 21
Japan could supplement its record budget, passed last month, if pandemic costs rise, a senior official has said.
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31 Mar 21
The world’s 69 poorest countries will need to spend $450bn by 2025 to respond to Covid-19 and accelerate their income convergence with advanced economies, the IMF has said.
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30 Mar 21
Pakistan’s finance minister has been removed as part of prime minister Imran Khan’s drive to reduce inflation, according to the information minister.
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22 Mar 21
Hong Kong will remain a ‘tax haven’ according to one of the city’s top officials, amid concerns surrounding a fiscal deficit caused by Covid-19 and tensions with mainland China.
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17 Mar 21
The Chinese Government’s ‘underwhelming’ energy transition plan could reduce interest in green bonds issued by the nation, according to experts.
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16 Mar 21
Malaysia is likely to become a high-income economy between 2024 and 2028 but must ensure its development is sustainable, the World Bank has said.