Krishna Srinivasan is director of the Asia and Pacific department of the International Monetary Fund, and Johannes Wiegand is head of regional surveillance in the department.

Most recent economic news from Asia has been positive, as the region’s economies grew more strongly than we expected in the first half of the year. We have therefore upgraded our regional growth forecast to 4.6% in 2024 and to 4.4% in 2025 in our new Regional Economic Outlook for Asia and Pacific.