ASEAN+3 growth in 2022 is projected at 3.3 percent, mainly driven by robust economic activity in ASEAN. Growth is expected to strengthen to 4.3 percent in 2023, buoyed by the economic reopening in China and the resumption of international tourism.
In an interview with CNN Philippines “The Final Word” with Rico Hizon, AMRO Chief Economist Hoe Ee Khor provided his insights on the Philippines’ economic growth in 2022 and its 2023 outlook amid the global economic slowdown.
Watch the highlights of the ASEAN+3 Regional Economic Outlook Update, January 2023. In this update, AMRO revised downwards the region’s growth for 2022 to 3.3% from the 3.7% forecast in…
Watch Chief Economist, Hoe Ee Khor present the latest ASEAN+3 Regional Economic Outlook Update and answer questions from the media. Download the ASEAN+3 Regional Economic Outlook Update, January 2023
ASEAN+3 member economies have rolled out fiscal stimulus measures to protect both lives and livelihoods against the COVID-19 pandemic.
Presentation from the ASEAN+3 Regional Economic Outlook - January 2023 Update press briefing.
In this January 2023 quarterly update, AMRO revised downwards its short-term growth forecast for the ASEAN+3 region. Deteriorating global economic conditions are weighing on the region’s outlook, but China’s reopening…
The ASEAN+3 Macroeconomic Research Office (AMRO) today revised downwards its short-term growth forecast for the ASEAN+3 region. Deteriorating global economic conditions are weighing on the region’s outlook, but China’s reopening last December should provide some counterbalance.
Faced with an unprecedented global crisis, governments across the ASEAN+3 region responded quickly to the COVID-19 pandemic and deployed strict policy measures to contain the spread of the virus.
Much like the previous two years, 2022 was not without its challenges. From the war in Ukraine to elevated interest rates and inflation, no country or region has been spared from the economic repercussions.
