Regional growth is projected to ease to 4.5% in 2024 from 5.1% last year, the World Bank’s East Asia and Pacific April 2024 Economic Update says. Growth in developing East Asia and Pacific excluding China is projected to pick up to 4.6% this year, up from 4.4% in 2023. Growth in China is projected to moderate to 4.5% from 5.2% in 2023, as high debt, a weak property sector, and trade frictions weigh on the economy. Among Pacific Island countries, growth is forecast to slow to 3.6% in 2024 from 5.6% last year as the post-pandemic rebound dissipates. The slowdown partly reflects normalization of growth in Fiji to 3.5% in 2024 from an exceptionally strong 8% last year.
At this online seminar, Ergys Islamaj, Senior Economist, Office of the Chief Economist for East Asia and Pacific Region, explained the main points of the report.
Date/Time:
8am-9am, Thursday April 11, 2024 (Japan Standard Time)
※Rescheduled from April 9
Speaker:
Ergys Islamaj
Senior Economist, Office of the Chief Economist for East Asia and Pacific Region, World Bank
Presentation Material:
East Asia and Pacific Economic Update, April 2024：Firm Foundations of Growth (PDF)
Questions to the speaker:
Please send your questions to the speaker via online form posted on this webpage.
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