SERD Policy Talk (SPOT): Focusing on Debt Sustainability

Event: SERD Policy Talk (SPOT) Series

SERD Policy Talk (SPOT): Focusing on Debt Sustainability

24 June 2021

Author / Speaker:

Lei Lei Song, ADB - Other materials by the author

Jhelum Tini Thomas, ADB - Other materials by the author

Peter Rosenkranz, ADB - Other materials by the author

The COVID-19 pandemic has raised debt sustainability issues in Asia with the debt-to-GDP ratio rising from 47% in 2019 to 52% in 2020 for ASEAN economies. Debt will likely rise further in 2021 as fiscal stimulus continues and tax revenue remains weak due to gradual economic recovery. What are the critical actions needed to promote fiscal consolidation? How can the region balance debt sustainability concerns with the goal of driving a better and greener recovery in the coming years?

Type of Content:

Learning Event

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