Asia's growth forecasts at 6.2 percent in 2014
(MENAFN) Forecasts of Asia's economic growth by the Asian Development Bank maintains at 6.2 percent in 2014 and 6.4 percent in 2015, as the region keep a stable growth, Xinhua reported.
The major industrial economies are anticipated to expand by 1.5 percent this year, a downward revision from the 1.9 percent forecast in April's Asian Development Outlook 2014.
"Developing Asia as a region continues to perform well," said ADB Deputy Chief Economist Juzhong Zhuang, in the bank's Outlook Supplement released on Friday.
The major industrial economies are anticipated to expand by 1.5 percent this year, a downward revision from the 1.9 percent forecast in April's Asian Development Outlook 2014.
"Developing Asia as a region continues to perform well," said ADB Deputy Chief Economist Juzhong Zhuang, in the bank's Outlook Supplement released on Friday.
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