ADB cuts Asia growth forecast on slow Covid vaccine rollout


Source: manilatimes.net manilatimes.net

Key Topics in this News Article:

News Snapshot:

A junior high school student receives a dose of the Sinovac vaccine at a vaccination drive in Blang Bintang, Aceh province on September 21, 2021. AFP PHOTO The Asian Development Bank warned of "lasting scars" from the coronavirus pandemic as it cut its 2021 growth forecast for developing Asia on slow vaccination rates, surging infections and crippling lockdowns. A shortage of doses, which has hampered efforts to inoculate the vast region stretching from the Cook Islands in the Pacific to Kazakhstan in Central Asia, could worsen as evidence of waning vaccine protection increases demand for booster shots, the lender said...