“Risks are tilted to the downside, mainly because of uncertain pandemic dynamics, vaccine efficacy against virus variants, supply chain disruptions, and potential global financial spillovers from the US monetary normalization,” the IMF said, adding that “The global Covid-19 pandemic is still ravaging the region.” Nevertheless, Asia-Pacific will remain the fastest-growing …
Read More »IMF slashes Asia growth forecast, warns of ‘ravaging’ Covid spread & supply-chain disruptions
