April 29, 2024
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.
February 7, 2024
The global tax reform, scheduled for implementation in 2024, aims to reduce tax competition between countries and discourage multinational enterprises (MNEs) from engaging in profit shifting for tax avoidance.
January 26, 2024
This note provides an update on the significant progress made and discusses the challenges faced by the ASEAN+3 member economies, the United States, and Europe.
November 15, 2023
Thailand’s economy is expected to grow by 3.5 percent in 2023 and 3.9 percent in 2024, driven by the continued recovery in tourist arrivals and resilient domestic demand, and supported by improvement in exports.
November 9, 2023
Lao PDR’s economic growth is projected to accelerate to 4.8 percent in 2023 from 4.4 percent in 2022, bolstered by the service sector.
May 22, 2023
The economic fallout from the prolonged pandemic has required extensive policy responses, leaving a large dent in policy space.
November 24, 2022
Given rising government debt and continuing development needs, tax collection is essential for the Lao government to support economic progress while improving fiscal sustainability.
