World Bank Expects Economic Growth in the Pacific Amid Debt, Inflation Worries

World Bank Expects Economic Growth in the Pacific Amid Debt, Inflation Worries
An aerial view of Erakor island and the coastline of Port Vila, Vanuatu, on Dec. 7, 2019. Mario Tama/Getty Images
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The World Bank predicts that Pacific economies will grow this year amid the reopening of international borders, but inflationary pressures and debt remain key concerns for the region, according to its report.

In a report released on Tuesday, the World Bank said that Pacific nations will need to consider reforms and policies to boost equitable growth and sustainable investments while reducing future public debt risks.
Aldgra Fredly
Aldgra Fredly
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Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.
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