ADB cuts growth outlook of Asia to 4.7% as West Asia disruptions deepen
- Posted on April 29, 2026
- By Business News Today
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- 1 min read
ADB cuts growth outlook of Asia to 4.7% as West Asia disruptions deepen
The Asian Development Bank has lowered its 2026 economic growth forecast for Asia and the Pacific. Prolonged West Asia disruptions are driving up energy prices and tightening financial conditions. Inflation projections have also been significantly raised. The ADB warns of systemic, long-lasting disruptions to global energy and trade networks. The bank will support the region's economy and track fast-moving risks.
