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Asia's recovery 'divergence' will last for years: IMF official

ASEAN countries expected to trail China and India in GDP growth for 2021

The coronavirus has taken a heavy toll on Thailand's tourism.   © Reuters

WASHINGTON -- Asia's economic recovery from the coronavirus pandemic likely will remain uneven for at least five years, with developing countries lagging over the long term, a senior official at the International Monetary Fund has told Nikkei.

"We see the level of [gross domestic product] about 5.5% lower in the Asian region in 2025 than we had been projecting before the pandemic," said Jonathan D. Ostry, deputy director of the IMF's Asia-Pacific department.

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