Sri Lanka’s small and medium-sized enterprises can play an important role in economic recovery. By re-engaging with value chains, they can reinvigorate their own businesses and help to create opportunity and economic growth.
Asian countries should implement reforms now, while their debt is sustainable, in order to head off a debt crisis.
The tax administration of the future will be digitized and use new technologies which revolutionize tax processes, enhancing speed and accuracy.
Promoting inclusive, resilient, and sustainable development in fragile and conflict-affected states is needed to improve living standards, promote good governance and strengthen institutions.
Extending a value added tax (VAT) to more effectively capture e-commerce and digital services could yield significant short-term revenue and help ensure a level playing field between domestic and foreign players.
The “nexus” approach calls for better planning to prevent humanitarian crises, and rapid responses when they occur.
Kazakhstan is becoming a leader among developing countries in the use of local currency finance.
Commercial financing of government-owned or controlled companies is crucial for their success but major reforms are needed before private investors will step in.
The pandemic has shown central bankers and public debt managers that innovation and creativity are needed to maintain borrowing opportunities and keep local currency bond markets functioning.
COVID-19 has brought unprecedented economic and development challenges but it also offers opportunities for financing solutions to help achieve the Sustainable Development Goals.