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Without proper valuation, natural assets’ scarcity remains economically invisible, leading to their exploitation for short-term gains.
Countries in Asia and the Pacific must use tax incentives sparingly, embed them into law, and reinforce their overall investment environment.
Assess preparedness for BEPS minimum standards and the global minimum tax proposal, prioritize tax certainty, and develop capacities to address international tax avoidance and treaty abuse.
Tax expenditure estimation is an important analytical tool in supporting tax policy formulation.
Institutionalizing gender-responsive public financial management can boost budget inclusiveness and promote evidence-based policies.
Addressing weaknesses in procurement, contract and asset management, and financial management ensures better project management and implementation.
Strengthening the database of the poor, marginalized, and vulnerable households can improve delivery of relief packages.
New ADB data underlines the importance of managing public debt effectively as the region emerges from the pandemic amid global uncertainty.
Leverage data integration, administrative data, and other targeted methods for data collection and analysis.
A national standardized spatial data infrastructure offers insights for sustainable and resilient land resource management and smart city planning.