World Bank predicts Pacific Islands' economic growth to slow from 5.8% in 2023 to 3.6% in 2024.

The World Bank reports a slowdown in economic growth across the Pacific Islands, predicting a decline to 3.6% in 2024 from 5.8% in 2023. This decrease is attributed to the weakening post-pandemic rebound. Fiji, which accounts for half of the region's economic output, is also facing a reduction in its growth rate.

October 15, 2024
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