Let's get fiscal

Trade wars may dominate the headlines, but fiscal policy is key for boosting sustainable growth in the long run. A report by HSBC Research on fiscal developments in the region found that most countries are broadly on track to reach their fiscal targets in 2018.

Indonesia, Vietnam, and Malaysia continue plans to consolidate deficits, but they face growing hurdles in their mission. Meanwhile, the report found that fiscal policy will remain a significant growth driver in Singapore, the Philippines, and Thailand over the medium term.

Overview