KUALA LUMPUR: The Asian Development Bank (ADB) has revised its economic growth outlook for developing Asia down slightly to 7.0 per cent this year and 5.3 per cent next year, after renewed outbreaks of COVID-19 led to slower growth in the third quarter.
The bank had previously estimated the region to grow 7.1 per cent this year and 5.4 per cent for 2022.
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