{"id":1148,"date":"2024-04-30T16:32:05","date_gmt":"2024-04-30T10:47:05","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=1148"},"modified":"2024-04-30T16:32:05","modified_gmt":"2024-04-30T10:47:05","slug":"asia-pacific-economy-to-grow-at-4-5-pct-in-2024-imf","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/asia-pacific-economy-to-grow-at-4-5-pct-in-2024-imf\/","title":{"rendered":"Asia-Pacific economy to grow at 4.5 pct in 2024: IMF"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p>The growth in the Asia-Pacific region will moderate to 4.5 percent this year from the outperformed 5 percent in 2023, said the International Monetary Fund (IMF) in its &#8220;Regional Economic Outlook Asia and Pacific&#8221; launched in Singapore Tuesday.<\/p>\n<p>Asia-Pacific is expected to remain the most dynamic region across the world, contributing about 60 percent of global growth in 2024, the report noted.<\/p>\n<p>The region embraces diverse growth drivers, from resilient domestic consumption in most ASEAN countries to a sharp uptick in tourism in the Pacific Island countries, IMF said.<\/p>\n<p>Near-term risks are now broadly balanced. Retreating inflation and the prospect of earlier monetary easing have increased the likelihood of a soft landing, IMF said.<\/p>\n<p>Stronger-than-expected growth in Europe and the United States will bring growth to Asia&#8217;s exporters while increased geo-economic fragmentation and geopolitical tensions continue to pose serious downside risks to medium-term growth in the region, it added.<\/p>\n<p>Central banks should ensure that inflation returns smoothly to target, and policymakers should avoid making decisions overly dependent on anticipated interest rate moves by the Federal Reserve, IMF noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The growth in the Asia-Pacific region will moderate to 4.5 percent this year from the outperformed 5 percent in 2023, said the International Monetary Fund (IMF) in its &#8220;Regional Economic Outlook Asia and Pacific&#8221; launched in Singapore Tuesday. Asia-Pacific is expected to remain the most dynamic region across the world, contributing about 60 percent of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-1148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/1148"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=1148"}],"version-history":[{"count":1,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/1148\/revisions"}],"predecessor-version":[{"id":1150,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/1148\/revisions\/1150"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/1149"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=1148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=1148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=1148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}