“In the latest issue of the Pacific Economic Monitor, released yesterday (March 26), the ADB forecasts that the average rate of growth in its 14 developing member countries in the Pacific region will fall to 5.2%, as earlier gains from major foreign investments and public infrastructure projects fade. The performance of the region’s larger natural resource exporting economies (Papua New Guinea (PNG) and Timor-Leste) continues to drive the economic outlook, with these two economies comprising about two-thirds of the weight in the regional growth average…” [read more].
Pacific regional events
TagsACP Asia-Pacific Australia Bougainville China Cook Islands European Union Federated States of Micronesia Fiji France French Polynesia Guam Hawai'i Indonesia Japan Kiribati Malaysia Marshall Islands Melanesia Nauru New Zealand Niue Northern Mariana Islands Nouvelle Calédonie Pacific Pacific Islands Pacific Islands Forum Palau Papua New Guinea PIF Polynesia Samoa Solomon Islands Tahiti Taiwan The Netherlands The Philippines Timor-Leste Tokelau Tonga Tuvalu US Vanuatu Wallis and Futuna West Papua
- "Our time has come:" Flying Fijians close in on quarterfinal appearance at Rugby World Cup
- 'More land washed away:' One year after historic UN decision
- Vanuatu PM under threat, as opposition mounts leadership challenge
- Tongan dance crew Onion Squad take talents to world stage
- Fruean pushes for countries to sign fossil fuel non-proliferation treaty