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The Sixth Tokyo Fiscal Forum
Towards Strong Economic Recovery and
Sound Public Finances in Asia

 Policy Research Institute (PRI), IMF (Fiscal Affairs Department), and Asian Development Bank Institute (ADBI) held The Sixth Tokyo Fiscal Forum “Towards Strong Economic Recovery and Sound Public Finances in Asia” on December 4, 2020.

 Government officials and experts in fiscal policy from 20 countries in Asia and beyond had intensively discussed two following points: how to design fiscal strategies for economic recovery when the global economy has faced unprecedented shocks and crises, and how to manage fiscal risks while governments have deployed fiscal policy responses to counter the COVID 19-induced recession. The discussion was conducted in terms of policy aspects in light of the support from IMF, and challenges and case studies of each Asian countries.

Date :December 4
Venue :Online (Zoom)
Agenda :English(PDF:174KB)

Welcome Address

12:00 PM – 12:15

Kenji Okamura(Vice Minister of Finance for International Affairs, Japan)

Tetsushi Sonobe(Dean of ADBI)

Opening Presentation: Macro-Fiscal Challenges in Asia—An Overview(PDF:589KB)

12:15 – 12:25

Odd-Per Brekk(Deputy Director, Asia and Pacific Department, IMF)

Session 1: Designing Fiscal Strategies for Recovery: Main challenges

12:25 – 13:20

Moderator: Chul Ju Kim(Deputy Dean, ADBI)



[1]Vitor Gaspar(Director, Fiscal Affairs Department, IMF)(PDF:394KB)

[2]Junji Ueda(Director for Economic and Fiscal Policy Co-ordination, Minister's Secretariat / Director-General of the Research and Administration Department, Policy Research Institute, Ministry of Finance, Japan)(PDF:1262KB)

[3]Febrio Nathan Kacaribu(Head of Fiscal Policy Agency, Ministry of Finance, Indonesia)(PDF:1424KB)


Discussion and Q&A


Publication Corner

13:20 – 13:40

Moderator: Chishiro Matsumoto(Advisor, Fiscal Affairs Department, IMF)



[1]Paolo Mauro(Deputy Director, Fiscal Affairs Department, IMF)

[2]Chishiro Matsumoto(Advisor, Fiscal Affairs Department, IMF)(PDF:1085KB)

[3]John Beirne(Research Fellow, ADBI)(PDF:504KB)


Session 2: Managing Fiscal Risks: Main challenges

13:40 – 14:35

Moderator: N.K. Singh(Chairman of Finance Commission of India)



[1]Manal Fouad(Assistant Director, Fiscal Affairs Department, IMF)(PDF:791KB)

[2]Rosalia V. De Leon(Treasurer of the Philippines, the Philippines)(PDF:1541KB)

[3]Abdur Rouf Talukder(Finance Secretary, Finance Division, Ministry of Finance, Bangladesh)(PDF:1305KB)


Discussion and Q&A

Closing Remarks

14:35 – 14:40

Wataru Sakata( President of Policy Research Institute, Japan)




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