{"id":3237,"date":"2024-06-14T00:06:02","date_gmt":"2024-06-14T00:06:02","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3237"},"modified":"2024-06-14T00:06:02","modified_gmt":"2024-06-14T00:06:02","slug":"asian-development-outlook-report-update","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/asian-development-outlook-report-update\/","title":{"rendered":"Asian Development Outlook report- Update"},"content":{"rendered":"

The Asian released its Asian Development Outlook Report and reduced its Growth<\/a> forecasts for developing Asia for year 2021.<\/p>\n

This move came in line with the uncertainty that new Omicron coronavirus variant has brought.<\/p>\n

ADB now sees 2021 gross domestic product (GDP) growth of 7.0% for developing Asia, as opposed to 7.1% forecast.<\/p>\n

For 2022, it forecasted the growth of 5.3%.<\/p>\n

Most of developing Asias subregions are expected to grow slower than previous forecast in 2021.<\/p>\n

ADB has projected Chinas growth as 8.0% in 2021 and will slow down to 5.3% in 2022. Chinas economy<\/a>, which staged an impressive rebound from last years pandemic slump, has lost momentum in recent months as it grapples with surging prices, a slowing manufacturing sector, debt problems in the property market and persistent COVID-19 outbreaks.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Asian released its Asian Development Outlook Report and reduced its Growth forecasts for developing Asia for year 2021. This move came in line with the uncertainty that new Omicron coronavirus variant has brought. ADB now sees 2021 gross domestic product (GDP) growth of 7.0% for developing Asia, as opposed to 7.1% forecast. For 2022, … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[824],"class_list":["post-3237","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-14-12-21"],"yoast_head":"\nAsian Development Outlook report- Update - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-outlook-report-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asian Development Outlook report- Update\" \/>\n<meta property=\"og:description\" content=\"The Asian released its Asian Development Outlook Report and reduced its Growth forecasts for developing Asia for year 2021. This move came in line with the uncertainty that new Omicron coronavirus variant has brought. ADB now sees 2021 gross domestic product (GDP) growth of 7.0% for developing Asia, as opposed to 7.1% forecast. For 2022, ... 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This move came in line with the uncertainty that new Omicron coronavirus variant has brought. ADB now sees 2021 gross domestic product (GDP) growth of 7.0% for developing Asia, as opposed to 7.1% forecast. For 2022, ... Read more","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-outlook-report-update\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T00:06:02+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-outlook-report-update\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-outlook-report-update\/","name":"Asian Development Outlook report- Update - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-14T00:06:02+00:00","dateModified":"2024-06-14T00:06:02+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-outlook-report-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-outlook-report-update\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-outlook-report-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"Asian Development Outlook report- Update"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/3237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=3237"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/3237\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=3237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=3237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=3237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}