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ADB Launches Tax Hub to Enhance Domestic Resource Mobilization and International Tax Cooperation

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 major strategic priority for our DMCs at this moment. It will be vital in the effort to address debt sustainability and to achieve the Sustainable Development Goals,” ADB President Masatsugu Asakawa said in a seminar at ADB’s 54th Annual Meeting. “The lack of a pan-regional tax community has been a unique and significant shortcoming for Asia and the Pacific. ....

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EU to prioritize PH economic recovery in new cooperation

The EU and the Philippines have started discussion on the new program cycle 2021-2027 development cooperation with immediate priority support for the latter’s economic recovery from the COVID-19 crisis.

The parties issued this joint statement after holding the first meeting of the Sub-Committee ....

Bruxelles Capitale , Mario Ronconi , Committee Meeting , Department Of Finance The Philippines , Committee On Development Cooperation , National Electrification Administration , Eu Partnership , Mindanao Development Authority Min , International Partnerships Of The European Commission , Philippine Development Plan , Development Cooperation , Cooperation Agreement , Philippine Nationally Determined Contribution , Mindanao Development Authority , Southeast Asia , Directorate General , International Partnerships , European Commission , ப்ரூக்ஸெல்ஸ் தலைநகரம் , குழு சந்தித்தல் , துறை ஆஃப் நிதி தி பிலிப்பைன்ஸ் , குழு ஆன் வளர்ச்சி ஒத்துழைப்பு , யூ கூட்டு , சர்வதேச கூட்டாண்மை ஆஃப் தி ஐரோப்பிய தரகு , பிலிப்பைன் வளர்ச்சி திட்டம் , வளர்ச்சி ஒத்துழைப்பு ,