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New projections for APEC growth | Borneo Bulletin Online

Danial Norjidi The Asia-Pacific Economic Cooperation (APEC) region is expected to significantly moderate in the near term, with gross domestic product (GDP) growth slowing to 2.5-per-cent in 2022 and 2.6-per-cent in 2023 following a 5.9-per-cent rebound in 2021, according to a new report from the APEC Policy Support Unit (PSU). The GDP projections are among […]
United States Danial Norjidi Rheac Hernando International Monetary Fund Asia Pacific Economic Cooperation Support Unit

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APEC region's growth to slow down amid uncertainties, crisis

APEC Illustration for inflation. People buy food amid inflation and rising food prices in Thailand. (ANTARA/HO-APEC Secretariat) JAKARTA - Economic growth in the Asia-Pacific Economic Cooperation (APEC) region is expected to slow down this year amid soaring inflation, a protracted war in Ukraine, and heightened uncertainties, according to a new report by the APEC Policy Support Unit. On top of that, the continuing impact of the pandemic and virus mutations are draining resources in the region, t...
Jakarta Raya Rhea Hernando International Monetary Fund Asia Pacific Economic Cooperation Support Unit Policy Support

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