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AMRO maintains steady growth forecast for ASEAN+3 region through 2025
Jul 19, 2024
Insights
- The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained its 2024-25 growth forecasts for the region at 4.4 per cent and 4.3 per cent, respectively.
- This stability is due to favourable export prospects, robust domestic demand, and tourism recovery.
- For 2023, growth is expected at 4.4 per cent, supported by strong employment and stable prices.