The World Bank predicts slower economic growth for developing countries in the East Asia and Pacific region due to the COVID-19 pandemic. A report released by the bank Tuesday said that while China’s economy is forecast to grow 8.5 percent in 2021, the rest of the region will only grow …
Read More »Delta Variant Slows Economic Growth in East Asia and Pacific
The World Bank, Monday (27/9), said the spread of the Delta variant of COVID-19 had damaged economic recovery in the East Asia and Pacific region. As a result, the region is likely to experience a slowdown in economic growth and an increase in inequality levels. Reuters citing the World Bank’s …
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