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ADB sees developing Asia barely growing in 2020 due to pandemic

The Asian Development Bank (ADB) on Thursday slashed its growth forecast for developing Asia this year to 0.1% from 2.2% to reflect the impact of the lockdowns on economic activity due to the coronavirus pandemic. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: pandemic, developing, coronavirus, activity, on economic, lockdowns, impact, reflect, this year, forecast, growth, slashed, (ADB) on, Development, Asian, growing, barely

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/0EC1HLwiuok/adb-sees-developing-asia-barely-growing-in-2020-due-to-pandemic-idUSL1N2DV02O