Pacific Islands Brace for Slower Economic Growth Amid Rising Costs
Published on: May 12, 2026, 6:35 a.m. | Source: Devdiscourse
Economic growth in 11 Pacific Island countries is projected to decelerate to 2.8% by 2026 amid high energy costs, slowing tourism, and structural constraints. The World Bank highlights the impact of Middle East conflicts on fuel and shipping costs. Job creation, particularly for youth and women, remains a key challenge.
