Asia Pacific round-up: Experts warn Australia it will spend billions to meet pollution cuts pledge, and more

14 Aug 15
A round-up of recent public finance stories from Asia Pacific you might have missed.

Taxpayers face a multibillion-dollar bill to meet Australia's new pledge to cut greenhouse gas emissions, a leading industry group and climate experts have warned, casting doubt on how the target would be met if economic conditions decline. (Sydney Morning Herald)

Treasury figures released by the Association of Salaried Medical Specialists (ASMS) to ONE News show that total health spending as a proportion of gross domestic product, has gone down and isn’t keeping up with costs or population growth. (One News Now)

The government is hiring nearly 142,000 public school teachers and health workers this year and next year, budget secretary Florencio Abad said. (The Philippine Star)

Malaysia’s economy expanded the least in almost two years after a new consumption tax curbed private spending, adding pressure on policymakers to revive confidence in a nation facing political turmoil and a weakening currency. (Malaysian Insider)

Prime Minister Prayut Chan-ocha has insisted that the spending of ThaiHealth, Thai PBS and the National Sports Development Organisation will be subjected to examination by the government’s audit panel known as the committee to follow up and examine the expenditure of the government sector. (Thai Visa News)


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