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.
The near-term outlook for the Korean economy has improved, supported by the recovery of exports, and inflation is expected to decline further toward the target.
The stronger growth for ASEAN+3 this year will be mainly driven by robust domestic demand, underpinned by increasing household incomes and recovering investment activity.
AMRO Senior Economist Wanwisa May Vorranikulkij talks to Vietnam Investment Review about the economic outlook for Vietnam.
Malaysia’s headline inflation has been moderating in recent months. The pace of consumer price increases has come off steadily from 4.2% in the latter half of 2022 to below 2% since August 2023.
With excess liquidity in the Philippine banking system, the BSP must borrow or ‘withdraw’ liquidity from the market to prevent market rates from falling below the policy rate.
Economic stagnation raises questions about Brunei’s future prosperity. The hydrocarbon-based economic model, which has served the country well for decades, is ripe for change.
Growth for ASEAN+3 was better than expected in 2023, supported by a turnaround in exports amid robust domestic demand and stabilizing economic activities in China.
Growth for ASEAN+3 was better than expected in 2023, supported by a turnaround in exports amid robust domestic demand and stabilizing economic activities in China.
Download presentation by AMRO Chief Economist Hoe Ee Khor on the ASEAN+3 Regional Economic Outlook, January 2024 Update.
