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According to Thailand’s Fiscal Policy Office director-general Pornchai Thiraveja, the Finance Ministry has laid down four targets for tax reforms in order to boost revenue as well as deal with future economic uncertainties.
According to a report from the Asian Development Bank (ADB), the Asean economies would require an infrastructure investment of at least US$2.8 trillion from 2023 to 2030 to in order to sustain economic growth, reduce poverty and respond to climate change.
According to BMI, a research firm that is a unit of Fitch Solutions, Bank Negara Malaysia (BNM) is expected to hold its overnight policy rate (OPR) at 3.0% for the rest of 2023.