Euronews
International · 33 mins ago
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Economic growth in the Pacific could slow as energy disruptions spread, ADB warns
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The Asian Development Bank warns that rising fuel and fertiliser import costs threaten economic growth in the Pacific and Asia, particularly affecting small island nations dependent on imports, prompting governments to accelerate energy transition efforts.
Economic growth in the Pacific could slow as energy disruptions spread, ADB warns
Rising fuel and fertiliser import costs are placing growing pressure on economies across Asia and the Pacific, especially small island states that rely heavily on imports. The Asian Development Bank (ADB) says governments are accelerating energy transition and resilience measures in response.
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