The Global Knowledge Worker
Global economic trends in 2023

ADB Lowers Developing Asia Growth Outlook as Global Risks Mount

The region’s economy is expected to grow 4.3% this year, compared with the bank’s projection in April of a 5.2% expansion, according to an update of the Asian Development Outlook (ADO) 2022, released today. The growth forecast for next year has been lowered to 4.9% from 5.3%, while the region’s…

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