Asean+3 region poised for stronger growth in 2024; economist forecast it at 4.5 per cent

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THE Asean+3 Macroeconomic Research Office (Amro) has maintained its 2024 growth forecast of 4.5 per cent for the Asean+3 region as improving external sector lends further support to resilient domestic demand.

Chief economist Hoe Ee Khor said strong domestic demand amid moderating inflation and continuing improvement in trade will propel growth, despite global outlook uncertainties.