Ninth Tokyo Fiscal Forum

Time of Event

Day 1: 10:00 – 16:00 Tokyo time
Day 2: 09:30 – 12:15 Tokyo time

Summary

The Tokyo Fiscal Forum is an annual policy forum on fiscal issues organized by the Japan Ministry of Finance’s Policy Research Institute, the Asian Development Bank Institute (ADBI), and the Fiscal Affairs Department of the International Monetary Fund since 2015. This year, the forum will address the pressing needs of developing member countries (DMCs) to mobilize resources for their development agendas and design sound fiscal policies for debt sustainability amid unprecedented global challenges.

In the wake of the COVID-19 pandemic and Russia’s war in Ukraine, global food and energy prices have rocketed and, consequently, DMCs face obstacles in revenue mobilization, elevated debt burdens, and limited fiscal policy space. However, the need to mobilize substantial resources to make progress on their development agendas as well as address the challenges of climate change has increased.

Against this backdrop, the forum will explore how to achieve strong tax capacity, efficient public spending, robust fiscal institutions, and sound public finance and debt management through a holistic approach. By viewing tax and spending policies together, the forum aims to reinforce linkages and synergies for ensuring consistency between revenue mobilization and government spending.

Objectives

• Explore the fiscal framework for strong tax capacity, efficient public spending, robust fiscal institutions, and sound public finance and debt management.
• Raise awareness of the interlinkages between tax and spending policies. 
• Strengthen the fiscal capacities and strategies of DMCs.
• Provide a platform for senior officials from ministries of finance, academia, and international partners to discuss and share country experiences in designing better public finance.

Target Participants

Senior government officials from the ministries of finance of ADB member economies and experts from think tanks, universities, and international organizations.

Output

• Strengthen the capacity of government officials to design sound fiscal policies and make informed decisions on public finance and debt management.
• Enhance policy dialogue among high-level policy makers on designing strong tax policies, efficient public spending, and ensuring robust fiscal institutions.
• Exchange country experiences and practices in handling fiscal challenges.

How to Register

By invitation or prior arrangement with ADBI

Partners

• International Monetary Fund (IMF)
• Japanese Ministry of Finance (Policy Research Institute, PRI)