New Delhi, July 10 (IANS) Pakistan’s economic growth is expected to slow in the current fiscal year as higher energy costs and pressure on foreign remittances weigh on the economy, the Asian Development Bank (ADB) said in its latest outlook, according to a report.A report published in Dawn said that the lender has revised down Pakistan’s GDP growth forecast for FY27 to 3.7 per cent from the 4.5 per cent projected in April, according to the Asian Development Outlook (ADO).The ADB cautioned that t…
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New Delhi, April 10 (IANS) India is set to outpace the broader Asian region, and China, even as growth across developing Asia and the Pacific is projected to slow down over the next two years amid geopolitical headwinds, according to a report released by Asian Development Bank (ADB) on Friday.According to the ADB analysis, economic growth in developing Asia and the Pacific is projected to ease to 5.1 per cent in 2026 and 2027, down from 5.4 per cent last year, weighed by geopolitical tensions an…