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Asian economies deliver 60pc of global growth

· 3 min read · 421 views

Kabul demand, rebounding global commodity prices and domestic reforms, making the region the largest single contributor to global growth at 60 percent.

A new Asian Development Bank (ADB) report forecast on Monday gross domestic product (GDP) growth in Asia and the Pacific to reach 5.7% in 2017 and 2018, a slight deceleration from the 5.8% registered in 2016.

Asian Development Outlook (ADO) says: “Developing Asia continues to drive the global economy even as the region adjusts to a more consumption-driven economy in the . . .

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