Interest-sensitive sectors such as residential real estate and autos have rebounded strongly—a welcome reminder of the power of monetary accommodation, especially when coupled with necessary fiscal support. Consumer spending on goods posted robust gains over the summer, and August levels exceeded those in January.
Such collaborative actions may cover the roles of the IMF, which commits itself to extensive reform to meet new challenges under the leadership of Rodrigo. Conclusion It is often said that Asia is highly diverse in culture, social framework and the stage of economic development.