Asian Development Bank Outlook 2022 Current Affairs, GK & News

ADB releases updated Asian Development Outlook

The updated Asian Development Outlook predicts that developing economies will faster than China. Key findings For the first time in 30 years, rest of developing Asia will grow at faster pace than China. Previously, when China’s growth fell to 3.9 per cent in 1990, the GDP of the rest of Asia witnessed a 6.9 per ..

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World Bank: India’s GDP Forecast- Update

For the fiscal year 2022-23, India’s GDP forecast has been slashed by the World Bank from 8.7 percent to 8 percent. The reason given for the change in forecast is due to rising inflation and worsening global supply caused due to the Russia-Ukraine war. Overview: South Asia’s growth outlook, excluding Afghanistan has also been slashed ..

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