News


ADB: Central Asia is increasingly lagging behind economic trend of developing countries of Asia

Baku, Fineko / abc.az. Updated estimates of the Asian Development Bank (ADB) show: the region of Central Asia (all the Central Asian states and the three countries of the South Caucasus) is behind the rising economic trend of 44 developing Asian countries.

The Bank informs that it raised the forecast for economic growth in 2010 for developing countries in Asia from 7.5% to 7.9%. And for India, the forecast was raised up to 8.2%.

The forecast on Central Asia was increased as well, but in a more modest way - from 4.7% up to 4.8%. The region’s lagging from the overall trend of such Asian states is obviously increasing.

For comparison, economic growth in Azerbaijan, one of the most dynamically developing countries of Central Asia, totaled only 3.7% in the first half of 2010.

 

 

20.07.2010 14:30


Tags: ADB


Related news

 ru / en












Weather

Baku
Weather forecast for Baku Weather forecast for Baku

Gandja
Weather forecast for Gyandzha Weather forecast for Gyandzha

Sumgayit
Weather forecast for Sumgait Weather forecast for Sumgait

Guba
Weather forecast for Kuba Weather forecast for Kuba

Lenkoran
Weather forecast for Lankaran Weather forecast for Lankaran

Nakhichivan
Weather forecast for Nakhchivan Weather forecast for Nakhchivan