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ADB raises developing Asia 2026 growth forecast to 4.9%

The lender cited Middle East conflict risks, saying energy and supply chain disruptions are raising costs and slowing activity across the region.

Summary by WTVB
MANILA, July 8 (Reuters) – The Asian Development Bank sees a slight improvement in the growth outlook for developing Asia and the Pacific this year, though still below ​earlier projections due to the fallout of the Middle ‌East crisis. “The Middle East conflict has led to prolonged disruption to energy and supply chains, raising production costs and dampening economic activity,” the ADB said in an update to its Asian Development Outlook report r…

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ADB raises developing Asia 2026 growth forecast to 4.9%

·New York, United States
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Reuters broke the news in New York, United States on Wednesday, July 8, 2026.
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