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ADB cuts Asia Pacific growth forecast to 4.7 as West Asia disruptions bite deeper
Economy
Published on 29 April 2026
Energy spikes and tighter money could last
The Asian Development Bank has reduced its 2026 growth outlook for Asia and the Pacific to 4.7%, citing prolonged disruptions in West Asia. Rising energy prices are pushing inflation higher while financial conditions tighten. The ADB warns these shocks may cause long-lasting damage to global energy and trade networks, even as it promises support and close risk monitoring.
- ADB trimmed 2026 Asia Pacific growth forecast to 4.7%
- West Asia disruptions are lifting energy prices and inflation estimates
- Tighter financial conditions could slow activity across the region
- ADB warns of systemic, long-lasting damage to energy and trade networks
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times