Manila, Philippines (12 December 2019) — The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down…
Tag: forecasts
UN forecasts global economic growth around 3 percent in 2019
The global economy will grow around 3 percent annually in 2019 and 2020, but waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects, the United Nations said Monday.