Article source
BBC
Article date
Mon, Dec 12, 2016
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The Asian Development Bank (ADB) has trimmed its 2016 economic growth forecast for Asia to reflect slower-than-expected expansion in India.
The lender now projects that a group of 45 countries which it calls Developing Asia will grow by 5.6% this year.
That is slightly lower than its previous forecast of 5.7%. However, the ADB left its growth projection for 2017 unchanged at 5.7%
It says Asia's economic outlook remains stable despite global uncertainties.
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