FCA working journalists are cordially invited to the International Monetary Fund’s press conference on the release of the Regional Economic Outlook for Asia Pacific – April 2024.

Speakers:
-  Krishna Srinivasan, Director, Asia Pacific Department, IMF
-  Thomas Helbling, Deputy Director, Asia Pacific Department, IMF

Asia is on track to remain the largest driver of global growth despite tighter monetary policy, weaker external demand, and China’s slowdown. The region is also ahead of the curve in containing inflation, though the pace varies across individual economies. Risks are broadly balanced in the near term. On the upside, disinflation and the prospect of central bank interest rate cuts have raised the odds of a soft landing. However, a possible intensification of China’s property crisis could have negative repercussions for neighboring economies, and geoeconomic fragmentation poses serious risks for Asia. The IMF’s Regional Economic Outlook for Asia and Pacific provides an assessment of the macroeconomic outlook and challenges for the region, as well as policy recommendations aimed at mitigating risks and sustaining Asia's role as an engine of global growth.

For assistance, please contact Huong Lan ‘Pinky’ Vu, Communications Officer, IMF at hlanvu@imf.org.