ADB trims 2024 growth outlook for Asia on rate hike effects

Development bank maintains projection for this year

20230718 Business District Beijing

A man walks in Beijing's Central Business District on July 12. © Reuters

CLIFF VENZON, Nikkei staff writer

July 19, 2023 09:00 JST

MANILA -- The Asian Development Bank cut next year's economic growth forecast for developing Asia, while maintaining its projection for 2023.

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