Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1147)

2019-05-05 Economy

1147.

According to Asian Development Outlook 2019 report, what is the growth rate?

5.1%

5.4%

5.7%

5.9%

Answer: Option

Explanation:

The Asia-Pacific region s expected to grow at 5.7% in 2019. According to the bank's Asian Development Outlook 2019 report released in April, developing Asia which comprises 45 nations ranging from China to Tuvalu is projected to grow by 5.7% in 2019. However, the growth outlook for developing Asia is expected to moderate to 5.6 % in 2020.