ADB Upgrades Asia and Pacific's Growth Outlook
Philippines, Dec. 9 -- The Asian Development Bank (ADB) has raised its growth forecasts for economies in developing Asia and the Pacific for this year and next, amid stronger-than-expected exports and reduced trade uncertainty following the conclusion of several trade agreements with the United States.Resilient exports-particularly of semiconductors and other technology products- moderating inflation, and stable financial conditions have strengthened the region's growth outlook. Lifted by stronger-than-expected growth in India, the region's economy is now projected to expand by 5.1% this year, compared with a 4.8% forecast in September, according to Asian Development Outlook (ADO) December 2025, released today. The outlook for next year has...
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