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PHNOM PENH (Xinhua): The United Nations in Cambodia, in close cooperation with the Ministry of Economy and Finance (MEF), has launched two joint programmes to expand financing options for the Cambodian government, said a joint press statement on Thursday (April 8).
Four months after RCEP was signed, a study surfaces, with gloomy trade data, portending a shaky future for the Kingdom and Asean as a whole.
World Bank: Asian poverty reduction stalls for first time in 20 years, Cambodia and Thailand worst off
The worst global recession since World War II caused the first rise in poverty in the Asia-Pacific region in two decades, according to the World Bank.
But recovery is expected to be uneven across sectors
PETALING JAYA: The government is considering reinstating the goods and services tax (GST) system as part of its fiscal reform to broaden its revenue and reduce its dependency on commodities.
Let’s put on our Sunday best and welcome the new year with emphatic enthusiasm.
XIN Nián Kuài Lè! Happy New Year! Today we usher in the Year of the Ox, the second zodiac animal sign under the twelve animal zodiacs derived from the Great Race. Based on the Chinese calendar, this year is the year 4719 and it is a Yin year
BANGKOK, Feb 6 (Bloomberg): Thailand’s government is ready to take more fiscal steps if economic growth falls below its base-case forecast, driven by the latest Covid-19 outbreak or delays in vaccinating the public, a senior Finance Ministry official said.
Global public debt to rise ‘modestly’ after US$14 trillion spent to tackle coronavirus economic damage, IMF says
Global public debt is set to reach 99.5 per cent of global gross domestic product (GDP) in 2021, up slightly from 97.6 per cent at the end of 2020, says the International Monetary Fund (IMF)Its Fiscal Monitor Update also estimates that gross-debt-to-GDP ratio soared to 122.7 per cent in 2020 for advanced economies on average from 104.8 per cent in 2019