Also read: Asia Pacific Economy Including Indonesia Shines
Such is the content of the World Bank’s report entitled “World Bank East Asia and The Pacific Economic Economic Update April 2024” which was announced in Washington, United States on March 31, 2024. It is also mentioned that the sustainability of high long-term growth can only be helped by increasing local productivity.
The countries covered in this report are developing countries in East Asia and the Pacific: Cambodia, China, Indonesia, Laos, Malaysia, Mongolia, Myanmar, Papua New Guinea, the Philippines, Thailand, Timor-Leste, Vietnam; and Pacific Island countries. China is still…