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Which international institution has released the report “Developing Asia’s Economic Outlook”?
A)
International Monetary Fund
B)
New Development Bank
C)
Asian Development Bank
D)
World Bank

Correct Answer : Option (C) - Asian Development Bank


The Asian Development Bank has recently released a report titled Developing Asia’s Economic Outlook.
As per the report, Asia’s economy shrank by 0.2% in 2020. Although recovery has commenced in Asia, the recovery is registered at different speeds. Also, average inflation in the region is forecast to fall from 2.8% in 2020 to 2.3% in 2021.

Published On : April 30, 2021
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