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Fiscal policy

High demand for Indonesia’s $4b bonds

Indonesia has successfully sold its largest US dollar bond since the Asian financial crisis in 1998, $4 billion of 10- and thirty-year dollar-denominated bonds...
Vietnam’s public debt may reach 95% of GDP

If counting on the state owned enterprises’ (SOEs) loans not guaranteed by the government, the total public debt of Vietnam would be 95 percent...
Drop rice subsidy scheme, IMF tells Thailand

The International Monetary Fund (IMF) called on Thailand to scrap its pricy scheme to support rice farmers and scale back some other fiscal stimulus...
Vietnam government struggles with overspending

Vietnam's Prime Minister Nguyen Tan Dung told a National Assembly session opening on October 21 that state budget overspending this year would likely be...
Thailand to raise $21b through government bonds

The Thai government plans to raise more than 700 billion baht ($21 billion) in 2014, mainly by issuing bonds, Chularat Suteethorn, director-general of the...
Japan’s debt reaches 1,000,000,000,000,000 yen

On August 9, Japan's government announced a new world record: The country's national debt has reached 1,008,600,000,000,000 yen, or more than 1 quadrillion yen,...