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Home / News / World / ‘Developing Asia to witness lowest economic growth in 60 years’ ‘Developing Asia to witness lowest economic growth in 60 years’ By Sameer Updated: June 18, 2020, 8:16 pm IST Manila: Asia’s developing economies are set to grow just 0.1 per cent in 2020, their lowest growth rate since 1961, due to the impact of the COVID-19 pandemic, although growth is set to recover to 6.2 per cent in 2021, the Asian Development Bank said in estimates released on Thursday. In a supplement to its Annual Economic Outlook 2020, the Manila-based Bank has further reduced...
