Page content
EAP growth to decelerate to 4.5% in 2025 from 5% in 2024: World Bank
Growth in the East Asia and the Pacific (EAP) region is projected to decelerate to 4.5 per cent this year from an estimated 5 per cent in 2024, as the effects of higher trade barriers, policy uncertainty, a weaker global growth outlook, and softer confidence weigh on investment, exports and consumption in the region, according to the World Bank. [...]