BANGKOK -- The East Asia and Pacific region is experiencing a "three-speed" exit from the coronavirus pandemic and needs to reconfigure economic and fiscal policies to play a "triple role" of supporting relief, recovery and growth, the World Bank says in its regional Economic Update report issued Friday.
The report, based on surveys and research across East Asia and Pacific countries, highlights disparities in growth prospects of a region recovering from the impact of COVID-19 and harsh lockdown measures.
