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ADB further downgrades Pacific growth expectations


ADB further downgrades Pacific growth expectations
ADB further downgrades Pacific growth expectations
Dec 17,
2020
The Asian Development Bank had originally forecast a 4.3% decline in July of this year.
“Vaccine procurement and distribution, safe travel arrangements, and continuing to strengthen health and social protection systems will all be key to ensuring the region’s recovery is sustainable,” said ADB Director General for the Pacific Leah Gutierrez.
For now the ADB is projecting growth of 1.3% for the region next year, but its Pacific Economic Monitor released today states that depends on early lifting of trael and trade restrictions.
The ADB predicts
Papua New Guinea’s economy will contract by 2.9% in Papua New Guinea, with low growth of 2.5% in 2021. ....

Cook Islands , Papua New Guinea , Marshall Islands , Solomon Islands , Pacific Leah Gutierrez , Asian Development Bank , Pacific Leah , Pacific Economic Monitor , Federated States , சமைக்கவும் தீவுகள் , பப்புவா புதியது கினியா , மார்ஷல் தீவுகள் , சாலமன் தீவுகள் , பெஸிஃபிக் லியா குட்டரெஸ் , ஆசிய வளர்ச்சி வங்கி , பெஸிஃபிக் லியா , பெஸிஃபிக் பொருளாதார மானிட்டர் , கூட்டமைப்பு மாநிலங்களில் ,

Health, Social Protection to Underpin Sustainable Recovery from COVID-19


Health, Social Protection to Underpin Sustainable Recovery from COVID-19
News Release | 15 December 2020
MANILA, PHILIPPINES (15 December 2020) Growth in the Pacific subregion for 2020 has been further downgraded as the impact of the coronavirus disease (COVID-19) pandemic continues to squeeze the region’s economies.
The Asian Development Bank’s (ADB)
Pacific Economic Monitor launched today has downgraded the Pacific’s growth for this year to a contraction of 6.1%, down from the 4.3% decline forecast in July.
“It will be a balancing act to keep Pacific economies moving during the COVID-19 recovery period,” said ADB Director General for the Pacific Leah Gutierrez. “Vaccine procurement and distribution, safe travel arrangements, and continuing to strengthen health and social protection systems will all be key to ensuring the region’s recovery is sustainable.” ....

Cook Islands , Solomon Islands , New Zealand , Papua New Guinea , Marshall Islands , Pacific Leah Gutierrez , Lowy Institute , Asian Development Bank , Social Protection , Underpin Sustainable Recovery , Pacific Economic Monitor , Pacific Leah , Cyclone Harold , Federated States , சமைக்கவும் தீவுகள் , சாலமன் தீவுகள் , புதியது ஜீலாந்து , பப்புவா புதியது கினியா , மார்ஷல் தீவுகள் , பெஸிஃபிக் லியா குட்டரெஸ் , தாழ்வான நிறுவனம் , ஆசிய வளர்ச்சி வங்கி , சமூக ப்ரொடெக்ஶந் , பெஸிஃபிக் பொருளாதார மானிட்டர் , பெஸிஃபிக் லியா , சூறாவளி ஹரோல்ட் ,

Pacific Economic Monitor – December 2020

Pacific Economic Monitor – December 2020
adb.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adb.org Daily Mail and Mail on Sunday newspapers.

Pacific Economic Monitor , பெஸிஃபிக் பொருளாதார மானிட்டர் ,

Pacific Regions Economy Expected to Contract 6.1% in 2020: ADB Report


medcom.id
 
 
Jakarta: Growth in the Pacific for 2020 has been further downgraded as the impact of the covid-19 pandemic continues to squeeze the region’s economies.
 
The Asian Development Bank’s (ADB) Pacific Economic Monitor launched today has downgraded the Pacific’s growth for this year to a contraction of 6.1%, down from the 4.3% decline forecast in July.
 
It will be a balancing act to keep Pacific economies moving during the covid-19 recovery period. Vaccine procurement and distribution, safe travel arrangements, and continuing to strengthen health and social protection systems will all be key to ensuring the region’s recovery is sustainable, said ADB Director General for the Pacific Leah Gutierrez in a press release on Tuesday. ....

Cook Islands , Solomon Islands , New Zealand , Papua New Guinea , Marshall Islands , Jakarta Raya , Pacific Leah Gutierrez , Lowy Institute , Asian Development Bank , Pacific Economic Monitor , Cyclone Harold , Federated States , சமைக்கவும் தீவுகள் , சாலமன் தீவுகள் , புதியது ஜீலாந்து , பப்புவா புதியது கினியா , மார்ஷல் தீவுகள் , ஜகார்த்தா ராய , பெஸிஃபிக் லியா குட்டரெஸ் , தாழ்வான நிறுவனம் , ஆசிய வளர்ச்சி வங்கி , பெஸிஃபிக் பொருளாதார மானிட்டர் , சூறாவளி ஹரோல்ட் , கூட்டமைப்பு மாநிலங்களில் ,