ASEAN+3 Quarterly Fiscal Bulletin – June 2026
June 16, 2026
The ASEAN+3 Quarterly Fiscal Bulletin is a quarterly update to the ASEAN+3 Fiscal Policy Report (AFPR).
June 16, 2026
Byunghoon Nam, Chaeyeon (Olivia) Song, Dek Joe Sum, Ginanjar Wibowo, Guohua Huang, Koon Hui Tee, Ravisara Hataiseree, Sekar Utami Setiastuti, Seung Hyun (Luke) Hong, Yiwei Wang
The ASEAN+3 Quarterly Fiscal Bulletin is a quarterly update to the ASEAN+3 Fiscal Policy Report (AFPR).
May 5, 2026
Akifumi Fujii, Ravisara Hataiseree, Thotsaphone Sitphaxay
The Singapore bond issuance by the Lao PDR represents a measured step toward rebalancing its public debt profile.
April 13, 2026
Byunghoon Nam, Chaeyeon (Olivia) Song, Dek Joe Sum, Ginanjar Wibowo, Guohua Huang, Koon Hui Tee, Ravisara Hataiseree, Sekar Utami Setiastuti, Seung Hyun (Luke) Hong, Yiwei Wang
This year’s report provides a comprehensive assessment of recent fiscal developments and the fiscal outlook for ASEAN+3 economies in FY2025.
December 2, 2025
Allen Ng, Benyaporn Chantana, Haobin Wang, Ravisara Hataiseree, Xianguo (Jerry) Huang, Yuhong Wu
Thailand’s growth is projected to slow to 2.2 percent in 2025 and 1.9 percent in 2026.
December 2, 2025
Allen Ng, Benyaporn Chantana, Haobin Wang, Ravisara Hataiseree
Thailand is seeing a promising surge of foreign direct investment inflows amid its structural transition toward new growth sectors.
November 6, 2025
Akifumi Fujii, Kittiya Manivong, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Poh Lynn Ng, Ravisara Hataiseree, Thai Yangsingkham, Trung Thanh Vu
Lao PDR’s economy is expected to support continued moderate growth of 4.4 percent in 2025 and 4.2 percent in 2026.
August 12, 2025
Kittiya Manivong, Poh Lynn Ng, Ravisara Hataiseree
Strengthening market infrastructure, improving transparency, and fostering investor trust will be key to transforming Lao PDR’s bond market.
December 10, 2024
Akifumi Fujii, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Poh Lynn Ng, Ravisara Hataiseree, Somphone Changdabout, Sumio Ishikawa, Thai Yangsingkham
Lao PDR is projected to sustain moderate growth of 4.6 percent in 2025. However, significant challenges, including kip depreciation and persistent high inflation, are hampering its growth prospects.
November 26, 2024
Allen Ng, Benyaporn Chantana, Haobin Wang, Marthe M. Hinojales, Michael Wynn, Ravisara Hataiseree
Thailand’s economy is strengthening on the back of resilient private demand, continued recovery in tourism, and accelerated government disbursement.
June 3, 2024
Allen Ng, Haobin Wang, Ravisara Hataiseree
Faced with a confluence of structural challenges, the Thai economy is likely to experience continued decline in its long-term trend growth, trailing behind regional peers.