Active fiscal policy helped ASEAN+3 economies weather trade shocks in 2025 — supporting domestic demand and easing cost-of-living pressures. Fiscal policy is expected to remain supportive in 2026, as growth moderates and inflation edges up. But after years of shocks, fiscal space has narrowed and spending needs have risen.
How can ASEAN+3 economies navigate these challenges?
Learn more from the ASEAN+3 Fiscal Policy Report 2026