In the Pacific, Urgent Action is the Key to Addressing COVID-19
Pacific nations, led by the smallest and least well-off, moved decisively to restrict travel from a fast-growing list of COVID-19 affected countries.
Pacific nations, led by the smallest and least well-off, moved decisively to restrict travel from a fast-growing list of COVID-19 affected countries.
ADB is expecting growth to moderate across ADB's Pacific developing member countries (DMCs) this year (including Timor-Leste), mostly as a result of solid but slower growth in a few of the region’s larger, natural resource–extracting economies. The region's growth has fallen from the post-global economic and financial crisis high of 8.3%, to 7.2% in 2012, and growth is projected at 5.2% in 2013.