Pacific. According to these findings, the region is expected to see a slowdown in growth next year, partly due to a lack of post pandemic recovery from china, the well s second largest economy. A look at the report, joined by chief economist at your expecting a stage in pacific growth to slow due to the chinese slowdown. What steps can countries in this region take an urge to mitigate some impacts? take an urge to mitigate some imacts?. , , impacts? you re absolutely riuht. Impacts? you re absolutely right jen impacts? you re absolutely right. Jen has impacts? you re absolutely right. Jen has been impacts? you re absolutely right. Jen has been a impacts? you re absolutely i right. Jen has been a powerful right. Jen has been a powerful engine for growth in the world and slower growth means lower growth in the region. china. It needs to do more on its own to grow and that needs reform. First of all, of the service sectors sound breaks up. . . Not notjust for not just for service
sense, and investment, investing where we need to invest. and give me our where we need to invest. and give me your assessment where we need to invest. and give me your assessment if where we need to invest. and give me your assessment if you where we need to invest. and give me your assessment if you will where we need to invest. and give me your assessment if you will of - where we need to invest. and give me your assessment if you will of where l your assessment if you will of where the uk figures right now against some of its peers. we know the us is in a similar position in terms of things like inflation and interest rates, having to raise rates to keep a lid on prices. other developed economies across europe are facing similar challenges. where do we sit in terms of economic growth and how well the uk is performing right now? starting with inflation, we have been doing relatively well. it is a bit sticky but some of it is down to the structure of the economy bei
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The World Bank has also said that the country will be falling short of its primary budget target. It is expected to remain in deficit for three years in a row.