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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.
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16 Mar 21
Asia-Pacific nations must refocus their efforts on achieving sustainable development goals, according to the Asian Development Bank.
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11 Mar 21
China will look to expand its middle class while continuing to open up its economy to trade, state media reported following the adoption of the country’s latest five-year plan.
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11 Mar 21
Pre-arranged agreements, including public-private partnerships, are “key strategies” to help repair infrastructure in the wake of disasters, according to a World Bank Group study of the 2011...
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10 Mar 21
China’s 2021 budget has outlined more spending on defence but less support for local government as the ruling Communist Party looks towards the economic recovery from Covid-19.
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3 Mar 21
Asia Pacific central governments will borrow $4.1trn (£2.9trn) this year, a 12% reduction on last year’s “pandemic-driven surge”, according to ratings agency Standard and Poor’s.
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25 Feb 21
House prices will now be taken into account when the Reserve Bank of New Zealand makes monetary policy decisions, after the government adjusted its remit.
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23 Feb 21
The head of Myanmar’s military government has told his officials they need to take action to revive the country’s struggling economy, state media has reported.
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11 Feb 21
The Philippines hopes to secure $23.7bn in financing from external sources in 2021, to bridge its budget deficit and provide funds for “priority projects”, the Department of Finance has said.
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26 Jan 21
More efficient energy policies could generate revenue worth around 1% of GDP for developing countries, the OECD has claimed.
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26 Jan 21
Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
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22 Jan 21
Indonesia will use a $500m loan from the World Bank announced this week to build its ability to financially respond to natural disasters, climate risks and health crises.
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12 Jan 21
Pakistan has launched a digital payment system it hopes will improve economic inclusion and increase its relatively miniscule tax collection.
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12 Jan 21
Lagging economic growth in China during the recovery from the Covid-19 pandemic could be resolved by shifting resources into areas such as the social safety net, the IMF has said.
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8 Jan 21
“Bold” policies adopted during 2020 to fight the health and economic effects of Covid-19 have prevented a protracted economic downturn in Indonesia, the IMF has said.
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15 Dec 20
Malaysia’s parliament has narrowly passed its largest ever budget for 2021, in what is being seen as a confidence vote for the government.
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10 Dec 20
High debt among Chinese local governments poses a “key risk” during the country’s recovery from Covid-19, ratings agency Fitch has said, although the outlook for the sector remains stable.
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8 Dec 20
Devastating typhoons that hit the Philippines as it fought Covid-19 show the importance of preparing for natural disaster risks and climate change adaptation during the recovery, the World Bank has...
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24 Nov 20
The Asian Development Bank has approved a $600m loan to Indonesia for the expansion of electricity access in nine provinces.