Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific (ESCAP) Shamshad Akhtar. Photo: ESCAP
1 December 2016 – Issuing a year-end update to its flagship economic and social development report, the United Nations development arm for the Asia-Pacific region said today that resilient domestic demand and policy support supported the region notch a steady growth rate of five per cent but warned that risks remain to financial stability.
