Tax Policy for Domestic Resource Mobilization: Challenges for the Developing World

Domestic resources are the largest untapped source of financing to fund national development plans. The potential for expansion of domestic resource mobilization (DRM) may be particularly high in Asia and the Pacific, but further efforts are needed to increase tax revenues in developing countries in the region to support DRM. To respond to the region’s need, ADB established a multi-partner DRM Trust Fund to support the 2030 Agenda for Sustainable Development.

Infrastructure Investment, SME Promotion, and Education for Sustainable Growth

Without infrastructure, farmers and manufacturers cannot sell their products. This is especially true in the CAREC region, where market is far away from the buyers. But to ensure sustainable growth, other factors must be considered as well. In this video presentation, ADBI Dean Naoyuki Yoshino, shares the inter-relatedness of infrastructure investment, small and medium enterprise promotion, and education for sustainable growth.