Asian Development Bank

20 posts
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Asian Development Bank (ADB)

ADB predicts 4.6% growth in Southeast Asia but warns of increasing risks

The growth forecast for Thailand has been revised upward from 3.3% to 3.5% for the year 2023, and it is expected to remain at 3.7% for the year 2024.
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Food insecurity is threatening decades of development progress in Asia and the Pacific

The Russian invasion of Ukraine has disrupted supplies of food staples and fertilizer, straining a global food system already weakened by climate change impacts, pandemic-related supply shocks, and unsustainable farming practices.
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ADB Lowers Growth Forecast for Developing Asia Amid worsening global conditions

The region’s economy will grow 4.2% this year and 4.6% next year, ADB said in a regular supplement to the Asian Development Outlook (ADO) 2022
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Bond Yields Rise in Emerging East Asia Amid Monetary Tightening

Global inflation, slower growth in the People’s Republic of China (PRC), and economic fallout from the Russian invasion of Ukraine continued to threaten the region’s short-term prospects.
Asian Development Bank (ADB)

Tourism Boosts Pacific Economic Outlook, but Climate change, Rising Prices Pose Risks

After an average economic contraction of 0.6% in 2021, ADB’s Pacific Economic Monitor (PEM), released today, says the Pacific is expected to grow by 4.7% this year and 5.4% next year.
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How COVID-19 Pushed 4.7 million More People in Southeast Asia into Extreme Poverty

Two years after the pandemic began, the report says growth prospects are brighter for economies with widespread technology adoption, resilient merchandise exports, or rich natural resources
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Covid Left Millions in Asia Struggling for Food

The pandemic hit Asia’s food supply hard, causing a sharp increase in the number of people unable to access enough food to stay healthy and feed their families. Women, children and the poor have suffered most.