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Fiscal policy

High demand for Indonesia’s $4b bonds

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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

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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

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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

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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

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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

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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,...