Asean + 3 countries expected to be 'resilient' with growth rate of 4.9% this year: AMRO

Amala Balakrishner
Amala Balakrishner1/25/2022 11:0 AM GMT+08  • 2 min read
Asean + 3 countries expected to be 'resilient' with growth rate of 4.9% this year: AMRO
AMRO is expecting countries in the Asean + 3 region to grow by 4.9% this year, aslight edge down from the 5.9% it had previously
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The Asean + 3 Macroeconomic Review Office (AMRO) is expecting countries in the Asean + 3 region to grow by 4.9% this year, a slight edge down from the 5.9% it had previously predicted in October 2021.

For 2021, AMRO is looking at a flat growth rate.

The downgrade for 2022 follows the spread of the “highly transmissible” Omicron variant which has seemingly necessitated the reimposition of containment measures including a retightening of border controls.

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