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ADB Sees Strong Growth for Developing Asia in 2015 and 2016

ADB Sees Strong Growth for Developing Asia in 2015 and 2016

24 March 2015 – Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual economic publication, Asian Development Outlook 2015 (ADO), released today, forecasts developing Asia will achieve gross domestic product (GDP) growth of 6.3% in both 2015 and 2016.

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