Tag: growth prospects

World Bank: Philippines and Vietnam have strongest growth prospects in ASEAN countries

Growth in developing East Asia and pacific has remained resilient and is expected to ease only modestly during 2016-18, according to a new World Bank report. This outlook is subject to elevated risks and countries should continue to prioritize monetary and fiscal policies that reduce vulnerabilities and strengthen credibility, while deepening structural reforms. Growth in developing East Asia is expected to ease from 6.5 percent in 2015 to 6.3 percent in 2016 and 6.2 percent […]