How Governments Can Use Tax Policy to Speed Pandemic Recovery

Event: Enhancing Domestic Resource Mobilization

How Governments Can Use Tax Policy to Speed Pandemic Recovery

25 February 2021

Author / Speaker:

Go Nagata, ADB - Other materials by the author

Sissie Fung, ADB - Other materials by the author

Brian McAuley, ADB - Email the author | Other materials by the author

Governments worldwide have responded to the COVID-19 crisis by ramping up public spending and rolling out emergency fiscal response measures in an effort to bolster healthcare systems, strengthen social protection, and boost the economy. By November 2020, more than $25 trillion in financial support was announced by Asian countries to combat the pandemic. At the same time, tax collections are declining everywhere.

Geographical Focus:

Global

Type of Content:

Learning Event

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.