PETALING JAYA: The Asia-Pacific Economic Cooperation (Apec) is forecasting the region’s economy to expand 5.7% this year and 4.1% in 2022, but growth is expected to be uneven.
The Apec Policy Support Unit, in an update of its Regional Trends Analysis, is also estimating a lower regional economic contraction of 2% in 2020 – an improvement from the forecast of a 2.5% decline it made in November last year.
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