Seoul, April 9 -- ASEAN member states, together with Japan, China, and the Republic of Korea (ASEAN+3), have recently exchanged assessments and discussed economic response measures amid rising uncertainty driven by the Middle East conflict as multiple international organisations warn of mounting downside risks to the global economy. Their discussions came during the ASEAN+3 Finance and Central Bank Deputies' Meeting, held virtually on April 8. During the meeting, major economic organisations such as the International Monetary Fund (IMF) and the Asian Development Bank (ADB) warned that the global economy faces significant downside risks due to rising geopolitical tensions in the Middle East. They also called for swift and targeted fiscal sup...
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