Asian Development Outlook 2019

ABOUT

The repert is published by Asian Development Bank.

KEY FINDINGS

In developing Asia the growth is projected to soften to 5.7 percent in 2019 and 5.6 percent in 2020.
The lender also cited uncertainties stemming from U.S. fiscal policy and a possible disorderly Brexit as risks to its outlook because they could slow growth in advanced economies and cloud the outlook for the world’s second largest economy.
China’s economy is likely to grow at 6.3 percent this year, the ADB said
China’s growth will be retrained by restrictions on shadow banking, which is expected to limit credit expansion even as fiscal stimulus provides some offset.
By region, South Asia will remain the fastest growing in Asia Pacific, with an expansion of 6.8 percent this year.
Only 20 of the 45 individual economies are projected to see growth accelerate in 2019.

INDIA SPECIFIC FINDING

India is projected to expand at a faster pace of 7.2 percent in 2019 and 7.3 percent in 2020.
The inflation is expected to average around 4% in the first half of FY2019.