Tue, 21-Oct-2025

ADB trims Asia growth forecasts as Omicron threatens economy

ADB trims Asia growth forecasts as Omicron threatens economy

MANILA, Dec 14, 2021 (AFP) – The Asian Development Bank warned Tuesday that the highly mutated Omicron coronavirus variant could have a “substantial” economic impact, as it trimmed its 2021 and 2022 growth forecasts for developing Asia. Despite a sharp drop in infections and increased vaccination across the region stretching from the Cook Islands in the … Read more