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ADB Lowers India Growth Forecast Amid Weak Global Demand, High Inflation

ADB has lowered its 2022 economic growth outlook for India, amid sluggish global demand and tightening of monetary policy to manage inflationary pressures from elevated prices for oil and other commodities. ....

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Indonesia's Economy Holding Up Well in 2022; Faces Headwinds in 2023 — ADB

Indonesia’s economy is expected to grow by 5.4% in 2022 and by 5.0% in 2023, according to a report by ADB released today. Inflation is projected to increase significantly in 2022 and to remain elevated in 2023. ....

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Kyrgyz Republic Economy to Grow in 2022, 2023 Despite Risks — ADB

The Kyrgyz Republic’s economy is expected to grow 3.0% in 2022 and 3.5% in 2023 on the back of sustained growth in the first 7 months of this year and a government anti-crisis plan estimated to equal 2.5% of GDP, ADB said in a report. ....

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