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.
This policy perspective paper assesses the recent fiscal developments and outlook in ASEAN+3 member economies.
Large shifts in domestic holdings of government debt can also cause instability in financial markets. Domestic banks worldwide have been accumulating government debt, a trend that intensified during the COVID-19 pandemic.
Public debt-to-GDP ratio in the ASEAN+3 region has risen sharply during the COVID-19 pandemic.
Watch the replay of AMRO Forum 2023 panel discussion on the region’s vulnerability to high levels of household, corporate, and public debt.
When BNM started raising the OPR in May 2022 to contain inflation, the subsequent sharp increase in the KLIBOR had sparked market concerns about a potential over-tightening in the interbank market.
Ample and low-cost liquidity provided by global central banks in the aftermath of the global financial crisis had driven a rise in ASEAN+3 debt.
Watch the press briefing of the launch of AMRO's second flagship report, ASEAN+3 Financial Stability Report 2023.
In an interview with Channel NewsAsia’s Jill Neubronner, AMRO Group Head and Lead Economist Kevin Cheng shared some insights from AMRO's inaugural ASEAN+3 Financial Stability Report (AFSR).
Download presentation on the the launch of the ASEAN+3 Financial Stability Report.
The AFSR 2023—AMRO’s second flagship report—is the ASEAN+3 region’s pioneering financial stability report.