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YASUYUKI SAWADA
ADB raises its India FY21 GDP growth forecast to -8% from -9% earlier“The GDP forecast for FY2020 (2020-2021) is upgraded from 9.0% contraction to 8.0%, with GDP in H2 probably restored to its size a year ear...- Asia’s coronavirus-battered economy will shrink for the first time since the early 1960sChina will buck the trend and is forecast to expand 1.8% this year -- unchanged from June’s projection -- as successful public health measu...
- Developing Asia to "barely grow" in 2020; India's GDP to contract by 4% this fiscal: ADBDeveloping Asia will barely grow in 2020, as containment measures to address the coronavirus disease (COVID-19) pandemic is expected to ham...
- Coronavirus could inflict $8.8 trillion in global losses: ADBThe ADB's forecast, equal to 6.4% to 9.7% of global gross domestic product, was worse than projections in April when it said the global eco...
- Global cost of the virus could reach $8.8 trillion, ADB saysA shorter containment period of three months coupled with strong policy measures could limit the impact to $4.1 trillion, or 4.5% of world ...
- ADB expects India GDP to slip to 4 pc in 2020-21; projects strong recovery next fiscalIndia's economic growth for 2019-20 has been estimated at 5 per cent by the National Statistics Office (NSO). The Manila-headquartered agen...
- ADB warns global cost of coronavirus could top $4 trillion"The estimated impact could be an underestimate, as additional channels such as...possible social and financial crises, and long-term effec...
- Coronavirus could cut global growth by 0.1% to 0.4%: ADBThe Asian Development Bank (ADB) on Friday said the COVID-19 could reduce global gross domestic product (GDP) by 0.1-0.4%, with financial l...
- ADB trims India's GDP growth forecast to 5.1% in FY20"India's growth is now seen at a slower 5.1 per cent in fiscal year 2019-20 as the foundering of a major non-banking financial company in 2...
- India set to grow at 7.2% this fiscal on rising consumption: ADBIt is expected to rebound to 7.2 per cent in 2019 and 7.3 per cent in 2020 as policy rates are cut and farmers receive income support.
- ADB retains India growth forecast for FY18 at 7.3%The ADB kept its growth forecasts unchanged at 7.3% for 2018 and 7.6% for 2019 as the temporary effects of the demonetisation of large bank...
- India's 7% projected growth rate 'amazingly fast': ADBPointing out that a sustained 7% growth rate would double the economy's size in 10 years, ADB's chief economist said India should focus on ...
- ADB projects India’s growth at 7.3% in 2018In his address at the 51st annual meeting of the ADB, Nakao said the multilateral lender is developing a 'Strategy 2030' which will renew i...
- Low skilled workers to face disadvantage as robotics, AI take over: ADBADB's 'Asian Development Outlook, 2018' has called for government action on skill development coupled with steps in labour regulation, soci...
- AIIB, ADB approves $100 million loan for India's power sectorIn September, ADB chief economist Yasuyuki Sawada said the two banks could cooperate to meet Asia's huge infrastructure investment needs.
- India on track to grow at 7.4 per cent in 2017: Asian Development Bank reportThe growth prospects in developing Asia for 2017 have improved on the back of stronger than expected export demand in the first quarter of ...
- Stronger rupee unlikely to hit India’s export competitiveness: ADB Chief Economist Yasuyuki SawadaCiting India’s strong export performance, Yasuyuki Sawada said that rupee’s strengthening shouldn’t be seen in isolation since market envir...
- India GDP to grow 7.4% in FY18; GST, bankruptcy law big positives, says ADBThe bankruptcy law and GST will help in creating a better business enabling environment, which seems to be a factor behind this GDP acceler...
- Protectionism worrisome but not strong enough to break global economy: ADBDeveloped countries like the US and Australia have changed their visa policies that restrict movement of professionals across borders.
- ADB says note ban to have positive impact, India may grow at 7.4%On the back of reforms initiatives being taken by the government, India's growth rate will improve further to 7.6 per cent in 2018-19.
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