ADB Cuts Asia Growth Forecast as Energy Risks Weigh on Economy
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The Asian Development Bank (ADB) has cut its growth forecast for the asia-pacific region, citing energy risks and market disruptions. The revised forecast is reportedly 4.9% for 2026, although specific country forecasts have also been adjusted, with some countries such as bangladesh and pakistan seeing their growth forecasts cut to 3.7%. The cuts are attributed to rising energy costs and other external factors, although some reports suggest the international monetary fund has taken a different stance on certain countries.
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