Wednesday 4 August 2021
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orissadiary.com - 14 days ago

ADB Lowers 2021 Growth Outlook for Developing Asia to 7.2%

Manila: The Asian Development Bank (ADB) is projecting 7.2% economic growth for developing Asia this year, compared with its 7.3% forecast in April, as renewed coronavirus disease (COVID-19) outbreaks slow the recovery in some economies in the region. The growth outlook for 2022 is upgraded to 5.4% from 5.3%. Excluding the newly industrialized economies of [ ]


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