KUALA LUMPUR: The Asia-Pacific Economic Cooperation (Apec) region posted a 6.1% increase in economic growth in the first quarter (Q1) of 2021, bouncing back strongly from a 2% decline in Q1 of 2020.
According to the latest update from the Apec Policy Support Unit (PSU), the forum’s research and analysis arm, this number comfortably puts the region on track to achieve growth expectations for 2021, which is estimated at 6.4%.
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