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ADB lowers developing Asia’s growth forecast for 2022 to 4.6 pct

juli 21, 2022by Reacties uitgeschakeld voor ADB lowers developing Asia’s growth forecast for 2022 to 4.6 pct

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MANILA, July 21 (Xinhua) — The Asian Development Bank (ADB) lowered developing Asia’s growth forecast for 2022 on Wednesday to 4.6 percent from 5.2 percent, reflecting worsened economic prospects because of geopolitical tensions, more aggressive monetary tightening in advanced economies, and COVID-19 pandemic.

In its supplement to the Asian Development Outlook 2022, the bank’s flagship annual economic publicati

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