Growth across the Pacific has fallen to 3.6 percent in 2024, down from 5.8 percent in 2023 as the post-pandemic rebound fades, the World Bank reported today, at the launch of its latest ‘Pacific Economic Update’, calling for a major boost in investment to address the region's slowing economic growth.
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Results for Economic Growth
Tuesday 15 October 2024
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Suva, Fiji
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Tuesday 28 May 2019
Bangkok, Thailand
A new United Nations report on Sustainable Development Goals (SDGs) progress urges countries to redouble efforts. On its current trajectory, Asia and the Pacific will not achieve any of the 17 SDGs by 2030. Many SDG targets related to the environment and natural resources are registering negative trends. Hazardous waste generation, the reduction in forest areas and the permanent water body extent are the three SDG indicators which are predicted to regress the most by 2030, compared to 2015.
Monday 8 April 2019
Nuku'alofa, Tonga
Scenic Hotels left Tonga abruptly two weeks ago after 8 years in their facility near the airport. Whether it was a problem with their landlord, their partner, or their own decision; one thing is clear – they were not making money and except for walking away from a large investment did not appear to be unhappy to leave Tonga. - Dean Bishoprick
Tuesday 10 May 2016
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London, United Kingdom
Tonga and other small states that are the most vulnerable, socially and economically in the world will be the focus at The Commonwealth’s Fourth Global Biennial Conference held in the Seychelles this week. Tonga’s Executive Director of the Civil Society Forum of Tonga (CSFT), Emeline Siale Ilolahia, will make a presentation at the event.
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Thursday 19 February 2015
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Nuku'alofa, Tonga
Tonga's over all Public Debt at the end of January 2015 stood at $392.6 million pa‘anga or 48.4% of its Gross Domestic Product (GDP), according to financial statistics released by the Ministry of Finance this week.
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Friday 26 April 2013
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London, UK
IMF First Deputy Managing Director David Lipton (yesterday, 25 April) called on European policy makers to take decisive and sustained actions to strengthen the continent’s prospects for growth and avoid the risk of stagnation.
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