ADB upgrades growth forecast for developing Asia to 5 Pct
TOKYO, July 17 (KUNA) -- The Asian Development Bank (ADB) on Wednesday slightly raised its economic forecast for developing Asia this year, as "rising regional exports complement resilient domestic demand." In its latest edition of Asian Development Outlook, the Manila-based lender revised up its April forecast for Asia's 46 developing economies in 2024 from 4.9 percent to 5.0 percent.