20 Aug 2024

Building resilience key for continued Pacific growth - ADB

From , 6:00 am on 20 August 2024
Double hulled vaka marumaru atua Rarotonga, Cook Islands 2010.

Photo: Teinesavaii

The Asian Development Banks is forecasting Pacific economies will continue to grow this year and next year but building resilience is still important.

The latest issue of the Bank's Pacific Economic Monitor projects economic growth of 3.3 percent in the Pacific for 2024 increasing to 4 percent in 2025.

ADB associate economics and statistics analyst Cara Tinio spoke with RNZ Pacific's Koroi Hawkins about the latest outlook and if there has been much change since the last prediction.