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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.
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El Banco Mundial predice que el crecimiento económico de las islas del Pacífico disminuirá del 5,8% en 2023 al 3,6% en 2024.