Asia Economic Outlook 2024 Upsc. Despite steady economic performance, people in asia and the pacific are experiencing weaker purchasing power, subdued job. The asian development bank (adb) has prepared the asian development outlook (ado), 2024.

Imf staf estimate that asia’s growth will slow to 4.2 percent in 2024 and to 3.9 percent in the medium term—the lowest in the past two decades except for 2020. The asian development bank (adb) recently released the asia development outlook report in april 2024 and revised india’s gross domestic product (gdp) growth forecast for the fiscal year (fy) 2024.