Fiji, Feb. 27 -- IMF Deputy Managing Director Bo li has highlighted the region's diversity but acknowledged shared vulnerabilities, particularly to global shocks.

Bo Li addressed the IMF Pacific Islands Conference in Nadi Monday, expressing gratitude for the opportunity to gather after the COVID-19 hiatus.

"It is a pleasure to join you all for this year's IMF Pacific Islands Conference, our first in the region since the COVID-19 pandemic. I am so glad that we can resume our tradition of coming together to discuss the region-its challenges, its opportunities, and its future."

He emphasised the region's diversity as a strength but acknowledged shared vulnerabilities.

"The region's rich diversity is one of its greatest strengths. But you...