IMF Deputy Managing Director Mitsuhiro Furusawa delivered an opening remark to the 9th IMF-Japan High-Level Tax Conference for Asian Countries today.
There he noted:
- The global economy continues to strengthen on the back of investment and trade
- Capital flows to emerging markets remaining resilient
- U.S. tax reform expected to boost growth temporarily
- Current upswing provides an ideal opportunity for reforms to boost potential output
- This will require strategies to ensure fiscal sustainability and financial resilience
The speech otherwised touched on taxation and digitalization.
