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Tourism Boosts Pacific Economic Outlook, but COVID-19, Rising Prices Pose Risks

A revival in tourism is expected to boost economic growth in the Pacific in 2022 and 2023, but the COVID-19 pandemic, rising commodity prices, and climate change continue to pose risks, according to the Asian Development Bank. ....

Cook Islands , Papua New Guinea , Solomon Islands , Pacific Leah Gutierrez , Asian Development Outlook , Asian Development Bank , Asian Development , Economic Monitor , Pacific Leah , North Pacific , Papua New , South Pacific , Pacific Economic Monitor ,

Bangladesh a victim of global economic crisis

Like many other emerging economies, Bangladesh is also a victim of the global economic crisis. As indicated by the World Economic Outlook of the IMF, a fear of global recession coupled with rising inflation has been looming large leading to unprecedented financial turbulences across the board. When the world economy was trying to recover from the economic slowdown forced by the pandemic, it confronted severe supply chain disruptions. And then came the Russia-Ukraine war out of blue creating further risks of supply chain disruptions. ....

United Kingdom , Sri Lanka , Sri Lankan , Jonathan Wheatley , Atiur Rahman , Bangladesh Foreign Exchange Bonds , Even The European Central Bank , Bangladesh Bank , Foreign Exchange Market Intelligence Team , Federal Reserve , World Economic Outlook , European Central Bank , Emerging Markets , Bangladesh Taka Indian Rupee , Wall Street Journal Dollar Index , Foreign Currency , Agent Banking , Sheikh Hasina ,