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Global tax deal gives new hope to the poor

Agreement must urgently evolve to deliver the benefits that are now so close

| Southeast Asia
A man checks an online shopping site on his mobile phone in New Delhi in May 2018: the digital economy will be a key source of the new tax income.   © AP

Masatsugu Asakawa is president of the Asian Development Bank.

The global corporate tax deal endorsed by the Group of 20 is a turning point for fairness in international finance. In my region, Asia and the Pacific, it could help deliver lasting economic recovery from the pandemic and offer new hope for millions of poor and vulnerable people.

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