Asian Development Outlook 2019

  • On 3rd April, 2019, Asian Development Bank (ADB) has published its Asian Development Outlook 2019.

Findings of the Report

  • Growth in developing Asia is projected to soften to 5.7% in 2019 and 5.6% in 2020.
  • Excluding Asia’s high-income newly industrialized economies, growth is expected to slip from 6.4% in 2018 to 6.2% in 2019 and 6.1% in 2020.
  • As oil prices rose and Asian currencies depreciated, inflation edged up last year but remained low by historical standards. In light of stable commodity prices, inflation is anticipated to remain subdued at 2.5% in both 2019 and 2020.
  • By sub-region, aggregate growth rates in Central ....
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