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The economic forecast for developing Asia shows promising growth, expected to reach 5.9% in 2017 and 5.8% in 2018, driven by improved world trade and robust performance in China. Inflation rates are anticipated to decrease slightly to 2.4% in 2017, with a modest increase to 2.9% in 2018. The outlook has stabilized, with advanced economies maintaining consistent macroeconomic policies. Additionally, rising fuel prices offer fiscal benefits to oil exporters while remaining manageable for oil-importing nations.
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Asian Development Outlook 2017 Update, Asian Development Bank
- Language
- Released
- 2017
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- (Paperback)
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