Asian Development Bank (ADB) chief economist Albert Park was in the Capital for the Kautilya Economic Conclave. In an interview, he told TOI that the agency is keeping close tabs on global crude prices to assess the impact of the escalating conflict in West Asia on the region and advocated that trade and investment channels…
ISLAMABAD: The Asian Development Bank has said that Pakistan’s economic outlook remains uncertain, as political instability would remain a key risk to the sustainability of stabilisation and reform efforts, according to a media report. The Manila-based lending agency in its ‘Asian Development Outlook’ said potential supply chain disruptions from the escalation of the conflict in…
NEW DELHI: The Asian Development Bank raised India’s growth forecast for the current year to 7 per cent, from 6.7 per cent earlier, citing strengthening investment and improving consumption demand in the country, and pegged next year’s expansion at 7.2 per cent. It also estimated inflation to stay around 4.6 per cent in 2024.ADB had…
