ADB Cuts Growth Forecast to 3.7%
The lender said weaker demand, tourism and higher inflation will keep pressure on most subregions, while Pakistan’s forecast stayed at 3.7%.
10 Articles
10 Articles
ADB Cuts Asia-Pacific Growth Forecast to 4.9% for 2026 Amid Global Energy Market Disruptions
Get latest articles and stories on Business at LatestLY. The Asian Development Bank (ADB) has lowered its economic growth forecast for developing economies in Asia and the Pacific to 4.9 per cent for 2026, down from the 5.5 per cent growth recorded in 2025. This downgrade represents a reduction of 0.2 percentage points from the projections released in April, according to the latest economic outlook from ADB. Business News | ADB Cuts Asia-Pacific…
ADB lowers Southeast Asia growth forecast due to global energy crisis
ADB lowered its economic growth forecast for Southeast Asia to 4.5%, maintaining its expectations for Vietnam, in the face of prolonged energy disruption due to the Middle East conflict. On July 9, the Asian Development Bank (ADB) updated its Asia-Pacific economic growth forecast, lowering growth expectations for the region and most sub-regions. Lach Huyen […]
ADB Retains Pakistan Growth Forecast at 3.7%, Sees Inflation at 8.3%
The Asian Development Bank (ADB) has kept Pakistan’s economic growth forecast unchanged at 3.7% for the current fiscal year while projecting inflation at 8.3%, marginally above the government’s estimate. In its July 2026 Asian Development Outlook (ADO), released on Thursday, the lender also revised down its economic growth forecast for developing Asia and the Pacific to 4.9% in 2026, down from 5.5% in 2025. The new estimate is 0.2 percentage poi…
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