Following the recent meetings of regional policy networks on BEPS in South East Asia (Korea 12-13 February), francopohone countries (Gabon, 27 February) and Latin America and the Caribbean (Peru, 26-27 February) a regional network meeting in Eastern Europe and Central Asia was held in Ankara, Turkey on 5-6 March.

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.

Increasing tax revenues and ensuring sustainable domestic resource mobilisation will be critical as emerging Asian economies seek to boost the provision of public goods and services and improve economic growth and living standards.

On 21-23 October 2015, the Eastern Europe and Central Asia Regional Meeting and Governmental Workshop on BEPS discussed the outcomes of the BEPS project, and how countries can engage in the implementation and monitoring of the measures adopted on an equal footing.

On 11-12 November 2015, the first Asia-Pacific Technical Meeting on BEPS discussed the outcomes of the BEPS project, and the challenges countries face in the region in implementing BEPS, and explored how countries in the region can engage in the implementation, on-going development and monitoring of the measures adopted, on an equal footing.

Asian representatives from Ministries of Finance and Tax administrations gathered in Seoul, Korea on 14-15 October 2015 to discuss the framework for harmonising their revenue statistics.

Malaysia today signed the Multilateral Competent Authority Agreement‎, re-confirming its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018.

In 2014, the tax-to-GDP ratios of Indonesia, Malaysia, the Philippines and Singapore were below 17% of GDP compared to Japan and Korea, which both recorded tax-to-GDP ratios above 24%,according to new data released in the third edition of the OECD’s annual publication Revenue Statistics in Asian Countries.

Fifty delegates from sixteen countries, four international organisations, business and civil society gathered in Manila for the first regional meeting of the Inclusive Framework on Base Erosion and Profit shifting (BEPS) in the Asia-Pacific region after the launch of the Inclusive Framework in Kyoto on 30 June-1st July 2016.

More than 60 delegates from 14 countries gathered in Vilnius for the first regional meeting of the Inclusive Framework on BEPS in the region. This meeting was the last of a series of regional events in 2016 intended to offer countries in different regions of the world the opportunity to feed their views and provide their input into the Inclusive Framework on BEPS.

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.

The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.

Over 60 delegates from 16 countries, international and regional organisations, business, civil society and academia gathered in Yerevan, Armenia on 7 - 9 November 2018 for a regional meeting of the Inclusive Framework on BEPS in Eastern Europe and Central Asia.

This new report shows that tax-to-GDP ratios fell in most of the 16 Asian and Pacific economies covered by the report between 2015-16 due to a combination of policy reforms and decreasing natural resource prices.

Indonesia’s government needs more revenue to fund spending that can boost GDP growth, raise well-being and reduce poverty.

Tax-to-GDP ratios increased in the majority of Asian and Pacific economies covered by a new OECD report published today. Nine of the economies in the publication increased their tax-to-GDP ratios between 2016 and 2017, compared with only three in the preceding year, according to Revenue Statistics in Asian and Pacific Economies 2019.

Over 70 delegates from 14 countries, as well as international and regional organisations, business, and civil society gathered in Baku, Azerbaijan on 8-10 October 2019 for the Fifth Regional Meeting on BEPS for Eurasian Countries.

A regional meeting on tax and digitalisation for Asia and the Pacific , co-hosted by the Asian Development Bank (ADB) in collaboration with the Organisation for Economic Co-operation and Development (OECD), took place in Manila, the Philippines on 19-20 November 2019.

The work on BEPS Action 14 continues with today's publication of the seventh round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

The Global Forum and the Asian Development Bank held a joint training event on the Exchange of Information on Request Peer Reviews and Implementation of the Automatic Exchange of Information Standard from 17 January to 31 January 2020 in Tbilisi, Georgia.

Today, Indonesia deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Indonesia, the MLI enters into force on 1 August 2020.

Weapons Sales in Indonesia decreased to 15 USD Million in 2018 from 94 USD Million in 2017. Weapons Sales in Indonesia averaged 21.90 USD Million from 1963 until 2018, reaching an all time high of 94 USD Million in 2017 and a record low of 1 USD Million in 2008. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in Russia increased to 6409 USD Million in 2018 from 5741 USD Million in 2017. Weapons Sales in Russia averaged 5187.22 USD Million from 1992 until 2018, reaching an all time high of 8690 USD Million in 2011 and a record low of 1477 USD Million in 1994. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Russia recorded a government budget surplus of 12.41 RUB Billion in March of 2020. Government Budget Value in Russia averaged 421.35 RUB Billion from 1998 until 2020, reaching an all time high of 3834.60 RUB Billion in October of 2008 and a record low of -2967.30 RUB Billion in December of 2016. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Russia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This Investment Policy Review examines Tunisia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.

The OECD, together with the African Development Bank and International Finance Corporation, will assist the Tunisian authorities in implementing a new law on public-private partnerships(PPPs)and a new investment code in order to increase transparency, openness and predictability for investors.

Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases.

Jointly organised by the OECD and ESCAP, this conference focused on the role of governments in supporting and facilitating more sustainable and inclusive business practices in the Asia-Pacific region.

The Malaysian government, in partnership with the OECD and ASEAN, has undertaken a review of its investment policies as part of an active programme of investment policy reforms to help revive both foreign and domestic investment.

Organised in Bali on 24-25 March 2014, this forum addresses regional competitiveness for sustained growth. Individual sessions will discuss investment policy and promotion; SME policies; public-private partnerships; regulatory reform; and, innovation. These discussions will contribute to the objectives of the 2015 ASEAN Economic Community.

The Southeast Asian region has the potential to attract significant amounts of international investment in the coming years. To help ASEAN countries address the challenges that arise from an increased openness to investment, this report analyses the region's investment climate and suggests ways to bring about a greater convergence of both policies and outcomes for the countries involved.

3-4 September 2014, Phnom Penh, Cambodia: This conference focused on the key levers for restoring trust in government and building trust by and in the private sector and civil society.

8-10 October 2014, Paris, France: Discussions at this meeting will focus on implementing the Istanbul Anti-Corruption Action Plan; monitoring reports for Armenia and Kazakhstan; and, progress reports from Azerbaijan, Georgia, Kyrgyz Republic, Mongolia, Tajikistan, Ukraine and Uzbekistan.

This conference showcased ASEAN’s regional investment integration achievements and efforts. Practitioners highlighted policy reforms at the national and regional levels and considered practical measures to enhance integration. Ways to successfully attract investment that will strengthen ASEAN supply chains were identified.

This roundtable offers a forum for regulators, policy-makers, experts, practitioners, scholars and international organisations to discuss issues relating to capital market reform in Asia.

This meeting will focus on the third round monitoring reports under the Istanbul Anti-Corruption Action Plan for Kyrgyzstan and Ukraine. The meeting will also include progress reports from Armenia, Azerbaijan, Georgia, Kazakhstan, Mongolia, Tajikistan and Uzbekistan.

This cross-country report on prevention of public sector corruption analyses the preventive measures that have proven to be effective and successful in Eastern Europe and Central Asia. The review focuses on twenty-one countries in Eastern Europe and Central Asia and includes examples from OECD countries.

With a focus on the Asia-Pacific region, this conference addressed what the Sustainable Development Goals will mean for business and how business sustainability strategies can be aligned to support their implementation.

This cross-country report analyses the legislation on liability of legal persons for corruption and its enforcement in Eastern Europe and Central Asia, highlighting national practices that may be promoted as good practice. While it focuses on 25 countries participating in the Anti-Corruption Network for Eastern Europe and Central Asia (ACN), examples from OECD countries are also included.

21 April 2016, Paris: The OECD will host a High-Level Meeting on boosting the impact of anti-corruption reforms in Eastern Europe and Central Asia.

This study explores what governments, business associations, NGOs, and companies do in order to strengthen business integrity with a particular focus on anti-corruption measures in and for the private sector in countries in Eastern Europe and Central Asia, as well as in selected other countries.

Countries in Eastern Europe and Central Asia have introduced important anti-corruption reforms in recent years. However, corruption in the region remains high. This report identifies progress achieved as well as challenges which require further action by countries.

Russia still needs to make substantial progress on key recommendations issued by the OECD Working Group on Bribery in 2012 and 2013.

Mutual legal assistance, and international co-operation more broadly, are important issues in the investigation and prosecution of corruption crimes. This report outlines common barriers to MLA among the 31 member jurisdictions of the ADB/OECD Anti-Corruption Initiative for Asia and the Pacific, and describes best practices used to overcome these barriers.

This meeting of the Anti-Corruption Network for Eastern Europe and Central Asia (ACN) will take place at the OECD on 12-14 September 2017.

The OECD Working Group on Bribery has serious concerns regarding Russia’s continued failure to implement key legislative reforms to enable it to effectively investigate, prosecute and sanction the offence of foreign bribery.

This report builds on national reviews of seven countries in Southeast Asia. It looks at common challenges across the region and at the interplay between regional initiatives and national reforms.

This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Russia.

Housing Index in Indonesia increased to 210.97 points in the fourth quarter of 2019 from 210.33 points in the third quarter of 2019. Housing Index in Indonesia averaged 150.79 points from 2002 until 2019, reaching an all time high of 210.97 points in the fourth quarter of 2019 and a record low of 100 points in the first quarter of 2002. In Indonesia, housing index refers to the Residential Property Price Index that measures house prices in 16 cities, including small, medium and large houses. This page provides - Indonesia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.