ADB has raised 2024 growth forecast for developing Asia and the Pacific to 5.0 per cent, citing strong domestic demand and robust exports.
Inflation is expected to ease to 2.8 per cent.
Growth is driven by stronger performance in East Asia, Central Asia and the Pacific, though risks remain from US-China tensions, China’s property market and climate impacts.
India’s growth steady at 7.0 per cent.
Inflation is expected to ease to 2.8 per cent.
Growth is driven by stronger performance in East Asia, Central Asia and the Pacific, though risks remain from US-China tensions, China’s property market and climate impacts.
India’s growth steady at 7.0 per cent.
