Cambodia: Structural Reforms and Rebalancing Fiscal Expenditure Critical to Sustain Strong Growth

Cambodia’s economic growth is expected to remain strong in 2017 and 2018, but structural reforms and a rebalancing of the budget to capital expenditure is critical in the medium term to sustain its growth, according to the 2017 Annual Consultation Report on Cambodia published by the ASEAN+3 Macroeconomic Research Office (AMRO) today.

Continue ReadingCambodia: Structural Reforms and Rebalancing Fiscal Expenditure Critical to Sustain Strong Growth

Thailand: Moderate Growth Continues amid Global Uncertainties and Domestic Challenges

The Thai economic recovery continues to gain momentum with some challenges from external uncertainties and domestic structural issues, according to the 2017 Annual Consultation Report on Thailand published by the ASEAN+3 Macroeconomic Research Office (AMRO) today.

Continue ReadingThailand: Moderate Growth Continues amid Global Uncertainties and Domestic Challenges

Brunei Darussalam: Economy Recovering but Needs Support from Fiscal Policy and Structural Reforms

The Brunei Darussalam economy is expected to see a modest recovery in 2017 with a small positive growth led by improvement in oil and gas production and expansion in investment as infrastructure and FDI construction projects are progressing, according to the preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to the country from October 30 to November 3, 2017.

Continue ReadingBrunei Darussalam: Economy Recovering but Needs Support from Fiscal Policy and Structural Reforms

Japan: Economy Achieves Higher Growth and Inflation, but Policy Challenges Remain for Sustaining Strong Performance

Abenomics has successfully raised both growth and inflation for Japan, while challenges remain in sustaining the strong performance, according to the preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to the country from October 31 to November 10, 2017.

Continue ReadingJapan: Economy Achieves Higher Growth and Inflation, but Policy Challenges Remain for Sustaining Strong Performance