Economic activity in most of developing East Asia and Pacific (EAP) has recovered from the recent shocks, with goods exports and private consumption leading the way. However, output remains below pre-pandemic levels in many of the Pacific Island Countries. Inflation remains higher than target ranges in some countries. Near-term growth will depend on: global growth, projected to be slower in 2023 than in 2022, though recent projections are more optimistic;...
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2023/04/01
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Report
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181084
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1
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2023/04/05
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Disclosed
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World Bank East Asia and Pacific Economic Update : Reviving Growth
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