June 27, 2024
In the recent decade however, Brunei’s hydrocarbon-based economic model has come under increasing pressure, reflecting major disruptions in offshore oil and gas production.
June 7, 2024
The biggest policy challenge for ASEAN+3 policymakers lies in striking an appropriate balance between restoring fiscal buffers and carrying out an active fiscal policy to support sustainable and inclusive growth.
May 27, 2024
Special Accounts play an important role in Japan’s fiscal management, providing a unique framework for earmarked funds separate from the general budget.
May 21, 2024
The Japanese economy has rebounded from deflation, with inflation expectations now anchored at higher levels.
January 2, 2024
Like many countries, Thailand has been navigating a complex transition from crisis to post-pandemic recovery since last year.
December 20, 2023
The Bank of the Lao PDR (BOL) has long set its sights on modernizing the Laos banking sector.
April 21, 2023
The progress of carbon pricing implementation — an effort to internalize the social cost of emissions into the carbon price — varies across ASEAN+3.
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.
October 19, 2022
Amid continuing economic uncertainty in the region and globally, Lao PDR’s economy also has to deal with high inflation, growing government debt, deteriorating asset quality and limited fiscal space.
April 5, 2022
Japan’s sovereign credit rating could fall one to three notches in the coming decade if the government does not implement a credible fiscal consolidation plan. This risk, which the ASEAN+3 Macroeconomic Research Office (AMRO) highlighted in its recent annual consultation report on the country, underlines the challenges facing Japanese policymakers at a time of mounting global economic turmoil.
