Developing Asia-Pacific countries are finding it harder to increase public investments to accelerate progress towards the Sustainable Development Goals. In addition to higher public debt levels, government borrowing costs have risen with shorter loan maturities in recent years. The 2024 edition of the UN's Economic and Social Survey of Asia and the Pacific examines how Asia-Pacific policymakers and the international community can boost the availability of affordable and long-term financing for governments.
Among others, experts at the launch of the Survey will present key findings and further address:
- How can Asia-Pacific economies weather near-term economic headwinds?
- What is needed to increase the region's tax collection potential and thus reduce borrowing costs?
- What changes in the operations of donors, multilateral development banks and credit rating agencies can help boost long-term development financing?
- How are demographic shifts, climate change and technological advancements changing the fiscal policymaking landscape?
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