Sunday, Sep 27, 2020 | Last Update : 07:14 AM IST

186th Day Of Lockdown

Maharashtra130045899280634761 Andhra Pradesh6614585881695606 Tamil Nadu5693705138369148 Karnataka5572124503028417 Uttar Pradesh3785333136865450 Delhi2644502284365147 West Bengal2410592110204665 Odisha201059165432820 Telangana1838661524411091 Bihar175898161510881 Assam167374136712625 Kerala160935111327636 Gujarat1303911105923394 Rajasthan1247301042881412 Haryana1205781012731273 Madhya Pradesh117588932382152 Punjab107096840253134 Chhatisgarh9856566860777 Jharkhand7770964515661 Jammu and Kashmir69832495571105 Uttarakhand4533233642555 Goa3107125071386 Puducherry2548919781494 Tripura2412717464262 Himachal Pradesh136799526152 Chandigarh112128677145 Manipur9791760263 Arunachal Pradesh8649623014 Nagaland5768469311 Meghalaya5158334343 Sikkim2707199431 Mizoram178612880
  Business   Economy  19 Jul 2018  ADB maintains 2018, 2019 GDP growth forecasts for developing Asia

ADB maintains 2018, 2019 GDP growth forecasts for developing Asia

REUTERS
Published : Jul 19, 2018, 9:56 am IST
Updated : Jul 19, 2018, 9:56 am IST

Asian Development Outlook kept its 2018 and 2019 economic growth estimates for the region at 6.0 per cent and 5.9 per cent

Indonesia growing 5.2 per cent this year, instead of 5.3 per cent, and has raised its forecast for Thailand to 4.2 per cent from 4.0 per cent.
 Indonesia growing 5.2 per cent this year, instead of 5.3 per cent, and has raised its forecast for Thailand to 4.2 per cent from 4.0 per cent.

Manila: The Asian Development Bank said developing Asia is on track to meet growth expectations for this year and 2019, but warned that rising US protectionist trade measures and countermeasures from China and others pose “a clear downside risk”.

The Manila-based institution, which released an update of its Asian Development Outlook on Thursday, kept its 2018 and 2019 economic growth estimates for the region at 6.0 per cent and 5.9 per cent, respectively.

 

The ADB made only a few small changes in the forecasts made in April. It now sees Indonesia growing 5.2 per cent this year, instead of 5.3 per cent, and has raised its forecast for Thailand to 4.2 per cent from 4.0 per cent.

The lender said that it factored tariffs imposed by July 15 into the latest forecasts, though it added “the risk of further ratcheting up of protectionist measures could undermine consumer and business confidence and thus developing Asia’s growth prospects.”

Tags: asian development bank, gdp growth, asia
Location: Philippines, National Capital Reg, Manila