Commercial financing of government-owned or controlled companies is crucial for their success but major reforms are needed before private investors will step in.
Kazakhstan is becoming a leader among developing countries in the use of local currency finance.
The “nexus” approach calls for better planning to prevent humanitarian crises, and rapid responses when they occur.
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.
Promoting inclusive, resilient, and sustainable development in fragile and conflict-affected states is needed to improve living standards, promote good governance and strengthen institutions.
The tax administration of the future will be digitized and use new technologies which revolutionize tax processes, enhancing speed and accuracy.
Asian countries should implement reforms now, while their debt is sustainable, in order to head off a debt crisis.