innovation

Innovation needed to meet future challenges says Nauru Finance Minister Adeang

Nauru’s Finance Minister David Adeang last week highlighted the need for Pacific island countries to explore new innovative ideas as global economies continue to face strong headwinds, due to the heightened US-China trade tensions and geo-political tensions, especially in the Middle-East.

“Global growth appears to be stabilising, and is generally projected to pick up moderately later this year and into 2020. However, growth remains low and risks remain tilted to the downside,” Adeang said.