Wednesday, 3 October 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: ADB cuts growth forecasts for developing Asia

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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ADB cuts growth forecasts for developing Asia
Oct 3rd 2012, 07:09

India will see GDP growth slow to 5.6 percent in 2012 before picking up to 6.7 percent next year, a report saysThe Asian Development Bank Wednesday slashed its growth estimates for the region's emerging economies to the lowest level since 2009, citing a slowdown in powerhouses China and India.


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