Asia·Aug 24, 2026
Philippine Government Subsidies to State Firms Jump 118% in First Half of 2026
PhilHealth restoration drives surge in budgetary support to GOCCs, even as Manila plans 28% cut for next year
By Mariel D. Santos · 3 min ·
Tag
Fiscal Policy
Every BriefAsia story tagged Fiscal Policy, newest first.
Asia·Aug 24, 2026
Philippines Faces Prolonged Budget Deficit as Growth Slowdown Shifts Fiscal Timeline
Fitch Ratings warns Manila's deficit targets have widened for 2027 and 2030 as revenue shortfalls and infrastructure spending cuts complicate debt stabilization efforts
By Priyanka V. Rao · 3 min ·
Asia·Aug 24, 2026
South Korea Creates Fiscal Buffer Fund to Manage Semiconductor Tax Surge
New Future Response Fund will redirect chip industry windfalls into strategic investments and cushion revenue volatility as Seoul overhauls education financing
By Cheng Wei-Lun · 4 min ·
Asia·Aug 23, 2026
Indonesia Plans to Restrict Subsidized Fuel by Vehicle Type
Jakarta proposes using car ownership as a proxy for household income to target fuel subsidies more effectively at lower-income groups
By Siti Nuraini · 3 min ·
Asia·Aug 23, 2026
Japan's Finance Ministry Eyes 3.8% Debt Servicing Rate Amid Rising Bond Yields
The proposed rate for fiscal 2027 would mark a 29-year high, reflecting mounting pressure on Tokyo's public finances as 10-year JGB yields approach 3%
By Aiko Nakamura · 3 min ·
Asia·Aug 23, 2026
South Korea Channels AI Tax Windfall Into New Growth Fund
Seoul plans to deploy surplus revenue from semiconductor and AI exports into a dedicated vehicle for long-term economic development
By Cheng Wei-Lun · 3 min ·
Asia·Aug 22, 2026
Japan Scrambles to Fund $63 Billion Budget Gap From Food Tax Cut and Defense Push
Takaichi administration faces fiscal pressure as fiscal 2027 spending requests outpace revenue, with limited clarity on funding sources
By Cheng Wei-Lun · 3 min ·
Asia·Aug 22, 2026
Vietnam Mobilizes $38 Billion Public Investment to Fuel Economic Expansion
Central and local governments deploy over a trillion dong in capital allocation as Hanoi accelerates infrastructure spending amid regional growth competition
By Tran Quoc Bao · 3 min ·
Asia·Aug 22, 2026
Japan's Finance Ministry Pushes to Fold Supplementary Spending Into Main Budget
Move aims to boost fiscal transparency as Tokyo grapples with persistent deficit concerns and mounting debt pressures
By Aiko Nakamura · 2 min ·
Asia·Aug 22, 2026
Philippines Narrows Fiscal Deficit to 5.45% of GDP in 2026
Manila's budget shortfall continues to shrink as the government maintains fiscal discipline despite regional economic pressures
By Priyanka V. Rao · 2 min ·
Asia·Aug 21, 2026
Thai Retailers Push Government for Urgent Relief as Consumer Spending Stalls
Industry association seeks tax incentive revival, provincial investment push, and e-commerce platform regulation to counter declining retail sales
By Priyanka V. Rao · 4 min ·
Asia·Aug 18, 2026
Indonesia's 6% Growth Target Raises Questions Over 2027 Budget Credibility
Analysts warn that the government's ambitious GDP forecast may undermine an otherwise conservative fiscal plan as revenue projections hinge on unprecedented expansion.
By Priyanka V. Rao · 3 min ·
Asia·Aug 17, 2026
Indonesia's Economy Grows 5.29 Percent as Fiscal Spending Fuels Expansion
Second-quarter GDP surpasses 5 percent threshold amid global headwinds, but accelerating government expenditure raises concerns over long-term sustainability
By Siti Nuraini · 2 min ·
Asia·Aug 16, 2026
Philippines Faces Uphill Battle to Meet 2027 Tax Revenue Targets
Research firm BMI questions whether wage increases and easing inflation alone can drive projected 12.8% jump in VAT collections without major reforms
By Priyanka V. Rao · 3 min ·
Asia·Aug 16, 2026
Indonesia Sets 6% Growth Target as Prabowo Unveils 2027 Fiscal Blueprint
Jakarta aims to expand state revenue by nearly 7% while narrowing the budget deficit under the president's ambitious economic agenda
By Priyanka V. Rao · 3 min ·