Most economies in developing East Asia and Pacific (EAP) are growing faster than the rest of the world but slower than before the pandemic. Slowing global growth, still tight financial...
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World Bank Geographic coverage
Kiribati
Highlights: Growth in Pacific island countries decelerated to 5.5% in 2023 after a historically high growth rate of 9.1% in 2022, reflecting slowing economic activity in Fiji...
Highlights:
The global economic recovery remains fragile, creating choppy seas for the recovering Pacific. While global conditions have gradually improved since the pandemic and spillovers from...
Focus on inflation and food prices:
The Russian Federation’s invasion of Ukraine exacerbated already elevated food and energy prices due to supply chain disruptions and strong pent-up...