The Asian Development Bank raised its economic growth projections for the next year but signaled divergence in the recovery paths among regional economies.
In its latest Asian Development Outlook 2021 Update, released Wednesday, the ADB said developing Asia will expand 5.4 percent next year, instead of 5.3 percent estimated previously.
Meanwhile, the outlook for 2021 was downgraded to 7.1 percent from 7.3 percent.
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