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ASEAN+3 Fiscal Policy Report 2024: Transitioning to Fiscal Normality

This policy perspective paper assesses the recent fiscal developments and outlook in ASEAN+3 member economies, and discusses the policy issues to strike the right balance between restoring fiscal buffers and carrying out an active fiscal policy, while transitioning to fiscal normality.

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AMRO’s 2022 Annual Consultation Report on Korea

The Korean economy has recovered strongly from the pandemic, led by robust export growth and a strong rebound in private consumption. However, inflation remains elevated and the economic outlook in the near term has deteriorated amid tighter financial conditions and weakening external demand.

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Now Is the Time for the Philippines to Spend

Can the Philippines inject additional stimulus into the economy and still maintain fiscal sustainability? The answer is that the country needs to spend more to achieve strong economic recovery in the face of the coronavirus-led recession. And the good news is, it can afford to do so, and maintain debt sustainability at the same time.

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