19 Hrs
Source:
الاقتصادية
Asia's Safety Nets Erode Amid Energy Crisis
The World Bank reports that the economies of East Asia and the Pacific face risks of exhausting their political and financial tools due to an ongoing energy shock linked to rising oil and gas prices and the ongoing war between the United States and Iran until 2027. This situation strains foreign exchange reserves and threatens financial sustainability. Nevertheless, the AI boom and expectations of a 4.5% economic growth this year support a continued expansion of 4.4% next year. At the same time, challenges remain related to energy costs and declining reserves.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)