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The Asian Development Bank released a supplementary report on the “Asian Development Outlook 2026” on the 23rd, raising the economic growth forecast for developing economies in the Asia-Pacific region in 2026 to 5% from 4.9% estimated in July. According to the report, the Asia-Pacific region's economy remains resilient, but growth and inflation prospects face two major risks. They are the energy crisis caused by the escalation of the geopolitical conflict and the increase in the El Niño phenomenon.
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The Asian Development Bank released a supplementary report on the “Asian Development Outlook 2026” on the 23rd, raising the economic growth forecast for developing economies in the Asia-Pacific region in 2026 to 5% from 4.9% estimated in July. According to the report, the Asia-Pacific region's economy remains resilient, but growth and inflation prospects face two major risks. They are the energy crisis caused by the escalation of the geopolitical conflict and the increase in the El Niño phenomenon.
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