, April 13 -- Economic growth in the Pacific is projected to moderate to 3.4 percent in 2026 and 3.2 percent in 2027, according to the Asian Development Outlook (ADO) April 2026, ADB's flagship economic publication.
"There is an unprecedented need for the Pacific to build resilience against the economic impacts of the Middle East conflict," said ADB Director General for the Pacific Emma Veve.
"Higher oil prices, prolonged international commodity price spikes, and trade uncertainty in particular will weigh on subregional growth momentum."
The ADO's regional forecasts are informed by assumptions finalised on 10 March under exceptionally high uncertainty, envisaging an early stabilisation scenario for the conflict in the Middle East. Eviden...