The Asian Development Bank (ADB) is projecting strong economic growth for developing Asia, despite rising oil prices and other potential risks. The ADB’s latest report forecasts continued growth momentum in the region.

The report highlights the resilience of developing Asian economies. It notes that strong domestic demand and intra-regional trade are contributing significantly to the positive outlook. The ADB acknowledges that higher oil prices and global economic uncertainties pose challenges, but expects the region to maintain its growth trajectory.

Specific growth forecasts for individual countries and sub-regions are detailed in the report. The ADB provides analysis of key economic indicators and policy recommendations to support sustainable development across Asia.