The Asia-Pacific region is set to contribute about 70 percent of the global expansion this year, led by the recovery in China and the resilient growth in India that are projected to account for more than half of the world economic output growth, the International Monetary Fund said.
Growth in Asia and the Pacific is projected to increase this year to 4.6 percent from 3.8 percent in 2022, the lender said in the latest regional outlook report for the region, released late Monday.
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by Jyotsna V
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