India’s gross domestic product is forecast to fall by 9 per cent in 2020 and rise 8 per cent in 2021. Photo: Bloomberg India’s gross domestic product is forecast to fall by 9 per cent in 2020 and rise 8 per cent in 2021. Photo: Bloomberg
India’s gross domestic product is forecast to fall by 9 per cent in 2020 and rise 8 per cent in 2021. Photo: Bloomberg
Poverty

Coronavirus could push 160 million more into poverty across Asia, ADB warns

  • Overall gross domestic product growth for developing Asia will contract by 0.7 per cent this year, marking its first negative economic growth since 1962
  • The Asian Development Bank cuts China growth forecast to 1.8 per cent this year from 2.3 per cent previously, although it will rebound 7.7 per cent in 2021

Topic |   Poverty
India’s gross domestic product is forecast to fall by 9 per cent in 2020 and rise 8 per cent in 2021. Photo: Bloomberg India’s gross domestic product is forecast to fall by 9 per cent in 2020 and rise 8 per cent in 2021. Photo: Bloomberg
India’s gross domestic product is forecast to fall by 9 per cent in 2020 and rise 8 per cent in 2021. Photo: Bloomberg
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