Sunday, September 8, 2024
Main Menu

Thursday, November 23rd, 2023

 

Asia-Pacific sees bright prospects for economic growth

Asia-Pacific sees bright prospects for economic growth

By Yang Yi, People’s Daily The economic growth of the Asia-Pacific region is expected to reach 4.6 percent this year, up from 3.9 percent in 2022, according to the Regional Economic Outlook for Asia and Pacific recently released by the International Monetary Fund (IMF). The report said that “economic activity in Asia and the Pacific remains on track to contribute about two-thirds of global growth in 2023.” In a recent Asian Development Outlook report, the Asian Development Bank (ADB) forecasted that the region’s developing economies will grow 4.7 percent thisRead More