April 20, 2024 19:50 (IST)
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East Asia and Pacific: Countries must act now to mitigate economic shock of COVID-19

East Asia and Pacific: Countries must act now to mitigate economic shock of COVID-19

Washington/IBNS: The virus that triggered a supply shock in China has now caused a global shock. Developing economies in East Asia and the Pacific (EAP), recovering from trade tensions and struggling with COVID-19, now face the prospect of a global financial shock and recession.