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ADB and governments in Asia and the Pacific must work together to improve domestic resource mobilization and expand international tax cooperation to help future generations avoid unsustainable debt.
News Release | 3 May 2021 MANILA, PHILIPPINES (3 May 2021) — The Asian Development Bank (ADB) today launched an Asia Pacific Tax Hub to create an open and inclusive platform to promote strategic policy dialogue, improve knowledge sharing, and strengthen coordination on tax policy and administration among ADB, its members, and development partners. The hub will maximize regional and international resources to strengthen domestic resource mobilization (DRM) and international tax cooperation (ITC) in ADB’s developing member countries (DMCs). “Domestic resource mobilization has emerged as a...