Decreased tax revenues and increases in public spending due to COVID-19 make it imperative for developing Asian countries to mobilize private capital for the vast investments needed to achieve the SDGs.
COVID-19 has brought unprecedented economic and development challenges but it also offers opportunities for financing solutions to help achieve the Sustainable Development Goals.
Collecting taxes more efficiently allows countries to improve their balance sheets after the pandemic while promoting business investment and sustainable economic growth.
The COVID-19 pandemic has created opportunities for a fairer, more robust and more efficient tax revenue and spending system.
On the road to a speedy economic recovery: A broad-based tax system is key to Solomon Islands’ pandemic response
A more sustainable revenue base for the Pacific Island nation could better manage changing economic conditions and the impact of shocks such as COVID-19.
Declining revenues and stuttering economies require that tax administrators in Asia and the Pacific innovate
Asian economies are gradually making progress in transforming their tax administration in the digital age.