Economic recovery in the region hinges on more than just relying on potential interest rate cuts in other major economies. Experts warn that sustained growth will depend on addressing domestic challenges, including structural inefficiencies and fiscal policies that may be hindering long-term stability. Without targeted reforms, the region risks remaining vulnerable to external financial fluctuations rather than building self-sufficient resilience. The focus now shifts to whether policymakers can implement meaningful changes to reduce dependency on overseas economic conditions.
The region cannot just hope for a fall in borrowing costs across the Atlantic - it must tackle its own problems
