SINGAPORE: Economic activity in the Asia-Pacific region remains on track to contribute about two-thirds of global growth in 2023, the International Mo...
FILE PHOTO: The International Monetary Fund logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. - REUTERSPIX: Economic activity in the Asia-Pacific region remains on track to contribute about two-thirds of global growth in 2023, the International Monetary Fund said in its October 2023 Regional Economic Outlook for Asia and Pacific released here on Wednesday.
The Asia and Pacific region remains a relatively bright spot compared to the 3-per cent expected global growth this year. Its growth is projected to moderate to 4.2 per cent in 2024.
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