In the Spotlight
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ADB Lowers 2021 Growth Outlook for Developing Asia to 7.2%
"Asia and the Pacific's recovery from the COVID-19 pandemic continues, although the path remains precarious amid renewed outbreaks, new virus variants, and an uneven vaccine rollout." ADB Chief Economist Yasuyuki Sawada
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Pacific Economic Outlook Weakens, But Vaccination Progress Provides Optimism — ADB
Despite a weakening economic growth forecast for the Pacific, recent progress in vaccination rollouts and stronger public health measures are providing optimism for the safe reopening of borders in the near term.