News about APEC

The APEC Finance Ministers' Meeting, held in Hong Kong, China, brings finance ministers together to assess the economic outlook and strengthen fiscal policies that support growth across the Asia-Pacific. Ministers will discuss how fiscal policy can better support households and investment in human capital, how to finance digital infrastructure, and how to widen access to financial services. The APEC Policy Support Unit projects regional growth of 3.2% in 2026, slightly down from 3.3% in 2025, while average inflation is expected to rise to 2.9% from 2.4% due to higher food and transport costs. APEC, established in 1989, is a regional economic forum that has helped reduce trade barriers and improve the ease of doing business among its member economies.