Pacific Economies Must Shift Toward Jobs and Long-Term Resilience as Global Uncertainty Persists © 2026 The World Bank Group,

https://www.worldbank.org/en/news/press-release/2026/05/12/pacific-economies-must-shift-toward-jobs-and-long-term-resilience-as-global-uncertainty-persists SUVA, May 12, 2026— The World Bank Group’s new Pacific Economic Update projects regional growth to slow to 2.8 percent in 2026, as rising fuel and shipping costs, supply chain disruptions, and renewed global volatility place fresh pressure on Pacific economies. The report finds that repeated external shocks are becoming the region’s “new normal”, while reliable water systems are increasingly critical to jobs, business growth, and long-term resilience. © 2026 The World Bank Group,