Tax Reform Key to Sustainable Growth in Asia and the Pacific
Putting a price on pollution. Making it easier for small businesses to register. Taxing digital goods and services more effectively.
Source: adb.org
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Kyrgyz Republic Economy to Slow in 2022, Recover Slightly in 2023 Despite Risks — ADB
The Kyrgyz Republic’s economy is expected to slow in 2022 and recover slightly in 2023 if external uncertainties are not prolonged, according to a new ADB report.
Source: adb.org
Developing Asia needs to start tightening monetary policy to avoid falling behind the inflation curve — ADB
In anticipation of rising inflation, Asian Development Bank (ADB) expects Central Banks in developing Asia to tighten their monetary policy this year even though the inflation outlook for the region remains manageable compared to other regions. Speaking in ADB’s Asian impact webinar, its senior economist Matteo Lanzafame said Central Banks should start to tighten monetary policy by raising interest rates to fight against anticipated rising inflation as this will help them from falling behind the inflation curve.
Source: theedgemarkets.com
Developing Asia Economies Set to Grow 5.2% this Year Amid Global Uncertainty
Developing Asia’s economies are forecast to grow 5.2% this year and 5.3% in 2023, thanks to a robust recovery in domestic demand and continued expansion in exports.
Source: adb.org
Tajikistan's Economic Growth to Slow in 2022, Recover Slightly in 2023 — ADB
Tajikistan’s economic growth is projected to slow in 2022 because of the severe spillover from the expected economic downturn in the Russian Federation, but is expected to recover slightly in 2023, says a new ADB report.
Source: adb.org