Search For "developing asia"
ADB raises growth forecast for developing Asia to 5.0 per cent, calls Indi
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian Development Outlook.
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Asian Development Bank upgrades 2023 growth outlook for developing Asia am
Updated : 2 years, 3 months ago IST
According to the Asian Development Outlook (ADO) December 2023, released on December 13, the regional economy is now expected to grow by 4.9 per cent in 2023, up from the earlier forecast of 4.7 per cent in September, with the outlook for the following year remaining steady at 4.8 per cent.
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Benefits of global net-zero transition can be 5 times the costs in develop
Updated : 2 years, 10 months ago IST
The benefits--including avoided economic losses from climate change, as well as improved health thanks to cleaner air--are achievable through targeted policy reforms, according to the Asian Development Outlook Thematic Report: Asia in the Global Transition to Net Zero, released today.
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ADB lowers growth forecast for developing Asia
Updated : 3 years, 3 months ago IST
Headwinds that are continuing to hamper recovery in developing Asia include recurrent lockdowns in China, the Russian invasion of Ukraine, and slowing global growth, ADB said in its Asian Development Outlook.
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ADB trims economic growth forecast for developing Asia
Updated : 3 years, 3 months ago IST
The developing Asia's economy will grow 4.2 per cent this year and 4.6 per cent next year, according to Asian Development Outlook (ADO) 2022, released on Wednesday. ADB estimated in September that the economy would grow 4.3 per cent in 2022 and 4.9 per cent in 2023. Growth in China, which is
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ADB cuts India's GDP growth forecast to 7% from earlier 7.2
Updated : 3 years, 5 months ago IST
New Delhi [India], September 21 (ANI) The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.
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COVID-19 pushes 80 million people in Asia into extreme poverty: ADB
Updated : 4 years, 6 months ago IST
Manila [The Philippines], August 24 (ANI): The coronavirus disease (COVID-19) pandemic has pushed an estimated 75 million to 80 million more people in developing Asia into extreme poverty as of last year compared with what would have happened without COVID-19, according to a new report by th
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Developing Asia to grow 7.3 pc even as COVID-19 lingers: ADB
Updated : 4 years, 10 months ago IST
Manila [The Philippines], Apr 29 (ANI): Economic growth in developing Asia is set to rebound to 7.3 per cent this year supported by a healthy global recovery and early progress on coronavirus disease (COVID-19) vaccines, according to a new report from the Asian Development Bank (ADB).
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ADB ups India's GDP growth forecast to minus 8 pc
Updated : 5 years, 3 months ago IST
Manila [The Philippines], December 10 (ANI): The Asian Development Bank (ADB) on Thursday raised growth forecast for India in current fiscal year to minus 8 per cent from minus 9 per cent projection in September while keeping the outlook for next fiscal year at 8 per cent.
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ADB vows to be developing Asia's partner for recovery from Covid-19
Updated : 5 years, 5 months ago IST
Manila [The Philippines], Sep 18 (ANI): The Asian Development Bank (ADB) is committed to partnering with developing economies in Asia and the Pacific to achieve their recovery goals from the coronavirus disease (Covid-19) pandemic, President Masatsugu Asakawa said in an address to ADB's boar
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India's economy to shrink by 9 pc this year: ADB
Updated : 5 years, 6 months ago IST
Manila [The Philippines], September 15 (ANI): India's economy is expected to contract by 9 per cent this year -- worse than the 4 per cent contraction it had forecast three months ago, the Asian Development Bank (ADB) said on Tuesday.
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Developing Asia to see flat growth due to COVID-19: ADB
Updated : 5 years, 9 months ago IST
Manila [The Philippines], June 18 (ANI): Developing Asia will barely grow in 2020 as containment measures to address the coronavirus (COVID-19) pandemic hamper economic activity and weaken external demand, according to a new set of forecasts from the Asian Development Bank (ADB) released on
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