Азиатский банк развития (АБР) скорректировал прогноз роста для развивающихся стран Азии и Тихоокеанского региона на 0,1 процентного пункта в 2025 году и на 0,2 п.п. в 2026 году в связи с формированием новой глобальной торговой среды, обусловленной тарифами и обновлёнными торговыми соглашениями. Согласно сентябрьскому докладу «Обзор Развития Азии» (ADO), экономики региона … [Read more...]
ADB Cuts Developing Asia Growth Outlook Amid Trade Tensions, But Central Asia Stays Robust
The Asian Development Bank (ADB) is trimming its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, respectively, amid the emergence of a new global trade environment, shaped by tariffs and updated trade agreements. Economies in the region are projected to grow by 4.8% this year and 4.5% next year, according … [Read more...]
ADB Sees Growth Declining for Asia and the Pacific
Economies in developing Asia and the Pacific are projected to grow 4.9% this year, down from 5.0% last year, according to the latest forecast by the Asian Development Bank (ADB). Solid domestic demand and strong global appetite for semiconductors driven by the artificial intelligence boom are supporting growth, but tariffs and trade uncertainty will act as a headwind. … [Read more...]
ADB Upwardly Revises Growth Forecast for Caucasus and Central Asia
The growth projection for the Caucasus and Central Asia is revised by the Asian Development Bank (ADB) upward to 4.9% from 4.7% for 2024 and to 5.3% from 5.2% for 2025, according the latest edition of the Bank’s Asian Development Outlook (ADO), released on 11 December. The adjustment reflects robust growth in Azerbaijan, Georgia, Tajikistan, and Uzbekistan to date, higher … [Read more...]
ADB Raises Developing Asia and the Pacific’s Economic Growth Forecast for 2024
The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this year to 5.0% from a previous projection of 4.9%, as rising regional exports complement resilient domestic demand. The growth outlook for next year is maintained at 4.9%. Inflation is forecast to slow to 2.9% this year amid easing global food prices and … [Read more...]
Asian Development Bank slightly raises its 2023 forecast for economies of Caucasus and Central Asia
The Asian Development Bank (ADB) has slightly raised its economic forecast for economies in Caucasus and Central Asia 2023. The upward revision reflects an improved outlook for Kazakhstan and Tajikistan for 2023. The growth forecasts for the Caucasus and Central Asia are revised up to 4.8% for 2023 from September’s 4.6% projection and down to 4.6% from 4.7% for 2024, according … [Read more...]
ADB Forecasts 4.8% Growth for Asia and Pacific in 2023 and 2024
The Asian Development Bank (ADB) forecasts faster growth for developing economies in Asia and the Pacific this year, as the continued easing of pandemic restrictions boosts consumption, tourism, and investment. The People’s Republic of China’s (PRC) reopening—as it pivots away from its zero-COVID strategy—is the main factor brightening the region’s growth … [Read more...]
Gains in hydrocarbon production and exports spurred Turkmenistan’s economic recovery in 2022 – ADB says
Gains in hydrocarbon production and exports spurred economic recovery of Turkmenistan in 2022. Inflation remained in double digits, and the current account registered a large surplus. Growth will increase slightly in 2023 and moderate in 2024, says ADB’s flagship report’s April release - Asian Development Outlook (ADO). Here are some excerpts from Asian Development Outlook … [Read more...]
ADB upgrades upward forecast for Central Asia and Caucasus
The subregional growth projection for the Caucasus and Central Asia in 2022 is raised from 3.9% in the September Update of Asian Development Outlook (ADO) 2022 to 4.8% for 2022, while the projection for 2023 remains unchanged at 4.2%, ADB said in a recent supplement to the ADO 2022. The upward adjustment for 2022 reflects robust growth in many economies in the subregion as … [Read more...]