PRESS RELEASE

AMRO Announces Senior Management Appointments

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Strengthen Structural Reforms and Fiscal Institutions to Rebuild Fiscal Policy Buffers

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ANNUAL CONSULTATION REPORT

AMRO’s 2025 Annual Consultation Report on Hong Kong, China

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China’s Fiscal Crossroads: Stabilizing Growth While Ensuring Long-Term Stability

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ANNUAL CONSULTATION REPORT

AMRO’s 2025 Annual Consultation Report on Brunei Darussalam

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Contributing to the macroeconomic and financial resilience and stability of the ASEAN+3 region

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ASEAN+3 Regional Economic Outlook Update - July 2025

US Tariffs Cloud ASEAN+3 Outlook; Regional Integration Gains Urgency

In the July 2025 update of the AREO, AMRO forecasts the ASEAN+3 region to grow at region to grow at 3.8 percent in 2025 and 3.6 percent in 2026. Reflecting heightened global uncertainties, particularly the evolving US tariff measures, the growth forecasts represent a downward revision from AMRO’s April projections of 4.2 percent in 2025 and 4.1 percent in 2026 which did not include the impact of then newly-announced US tariffs.

Inflation in the region continues to moderate, despite a temporary spike in oil prices driven by Middle East tensions.

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