Live Breaking News & Updates on பெஸிஃபிக் லியா குட்டரெஸ்
Stay updated with breaking news from பெஸிஃபிக் லியா குட்டரெஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Pacific Economic Outlook Weakens, But Vaccination Progress Provides Optimism — ADB indiaeducationdiary.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiaeducationdiary.in Daily Mail and Mail on Sunday newspapers.
Pacific Economic Outlook Weakens, But Vaccination Progress Provides Optimism ADB News Release | 29 July 2021 MANILA, PHILIPPINES (29 July 2021) Despite a weakening economic growth forecast for the Pacific, recent progress in vaccination rollouts and stronger public health measures are providing optimism for the safe reopening of borders in the near term, according to the latest issue of the Asian Development Bank’s (ADB) After a pandemic-induced contraction of 5.8% in 2020, the economies of ADB’s 14 Pacific developing member countries (DMCs) are forecast to grow by 0.3% in 2021 and 4.0% in 2022. The growth is expected on the back of the outlook for Papua New Guinea (PNG), the subregion’s largest economy, where a modest recovery is projected this year before strengthening in 2022. ....
Manila: Despite a weakening economic growth forecast for the Pacific, recent progress in vaccination rollouts and stronger public health measures are providing optimism for the safe reopening of borders in the near term, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM) launched today.
After a pandemic-induced contraction of 5.8% in 2020, the economies of ADB’s 14 Pacific developing member countries (DMCs) are forecast to grow by 0.3% in 2021 and 4.0% in 2022. The growth is expected on the back of the outlook for Papua New Guinea (PNG), the subregion’s largest economy, where a modest recovery is projected this year before strengthening in 2022. ....
ADB generally endorses new strategy for Pacific Small Island Developing States Format MANILA, PHILIPPINES (30 June 2021) The Asian Development Bank has generally endorsed a new 5-year strategy aimed at building resilience against economic shocks, delivering sustainable services, and promoting inclusive and sustainable growth in the 12 smallest Pacific island countries (PIC-12) as they rebound from the immediate shock of the coronavirus disease (COVID-19) pandemic. The Pacific Approach, 2021–2025 serves as the country partnership strategy for the Cook Islands, the Federated States of Micronesia, Kiribati, the Marshall Islands, Nauru, Niue, Palau, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu. The larger economies of Fiji and Papua New Guinea have their own country partnership strategies which guide ADB operations. ....
ADB Generally Endorses New Strategy for Pacific Small Island Developing States 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.