NO.290ADBBRIEFSFEBRUARY2024KEYPOINTS:MobilizingTaxesforDevelopment•DevelopingAsiafacesYuhoMyodaDonnaFayeBajarosignificantexpenditureEconomistConsultantpressuresinitstransitionEconomicResearchandDevelopmentERDI,ADBtomoresustainableandinclusivegrowth.ImpactDepartment(ERDI)AsianDevelopmentBank(ADB)•WeakerrevenuesandhigherspendingtorespondtoDonghyunParkthecoronavirusdiseaseEconomicAdvisor(COVID-19)pandemicERDI,ADBerasedfiscalsurplusesorwideneddeficitsinmanyDevelopingAsiafacessignificantspendingpressureasittransitionstowardmoreregionaleconomies.sustainableandinclusivegrowth.ThewakeoftheCOVID-19pandemicamplifiedthepublicfiscalpressureasitloweredtaxrevenuesandincreasedpublicspending.•NewindicativeestimatesNowistheappropriatetimetoadministerfiscalconsolidationstrategiestailoredoftaxcapacitysuggestthat,tocountry‑specificcircumstances—withtaxpolicyplayingavitalrole.Timelyonaverage,developingimplementationofchangesinthetaxsystemandstrongleadershipandpoliticalAsiahasthepotentialtowillatthehighestlevelsofgovernment—intandemwitheffortstostrengthentaxraisetaxrevenuesbytheadministrationandimprovetaxpayermorale—willyieldtaxreformsuccess.equivalentof3.6%ofgrossdomesticproduct.FISCALPRESSURESONTHERISE•DevelopingAsiashouldDevelopingAsiafacessignificantspendingpressureasittransitionstowardmoreexplorethepotentialofsustaina...
发表评论取消回复