Is Japan at Risk of a Downgrade?

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.

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Higher Vaccination Rate, Continued Fiscal Support, and Structural Reforms Crucial for Indonesia’s Sustainable Recovery

Indonesian economy has regained traction and is on track to a firm recovery as a result of the government’s effective containment of the Delta variant outbreak and ongoing policy supports, amid strong external demand.

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Faster Vaccination and Targeted Fiscal Support are Needed to Secure Cambodia’s Economic Recovery

SINGAPORE, November 22, 2021 – As Cambodia continues to grapple with the pandemic, economic recovery in 2021 is expected to be moderate at 2.8 percent, marked by uneven growth across…

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