Meet focuses on growth

Business

AGAINST the backdrop of rising trade and debt risk, finance ministers from Apec member economies convened this week in Port Moresby to determine policy measures for ensuring growth in the changing Asia-Pacific landscape.
Finance ministers, concerned by increasing uncertainty that threatens to undermine the strong outlook for Apec economies, are setting their sights on coordinated efforts to enable digitally-driven and inclusive growth drivers and improve resilience in the region.
PNG Prime Minister Peter O’Neill addressed Apec finance ministers, explained the importance of accelerating breakthroughs through consensus heading into the Apec economic leaders’ meeting.