Asian Development Outlook (ADO) 2022 Supplement: Global Gloom Dims Asian ProspectsSouth Asia is projected to grow at 6.5% in fiscal year (FY) 2022 and 6.3% in FY2023. In Bangladesh, weak exports and high inflation are hampering recovery, while in Bhutan, agriculture and construction are projected to support economic growth. In India, growth is projected at 7.0% in FY2022 and 7.2% in FY2023, sustained by public reform and public and private investment. Maldives tourist arrivals and construction continue to pick up. In Nepal, the 2023 budget aims to improve agriculture, industry, and social protection. Economic contraction is expected in Sri Lanka with marked declines in industry and agriculture. In Southeast Asia, Myanmar maintains positive growth projections despite high rates of inflation. Author: Asian Development Bank Year: 2022 Download Tags: Trade and Development Report 2022South Asia is projected to expand at 4.9% in 2022 amid inflation and high energy prices. Balance of payment constraints in Bangladesh and Sri Lanka have led these countries to place restrictions on the consumption of electricity. In India, where the economy expanded by 8.2% in 2021, the easing of supply chain disruptions and the rise in domestic demand has led to a deceleration in growth. Author: United Nations Conference on Trade and Development Year: 2022 Download Tags: UNCTAD, Trade, South Asia Significance of Padma Bridge in South Asia's ConnectivityThe Padma Bridge will improve connectivity and increase trade in the Bangladesh. The bridge increases connectivity in Bangladesh and is projected to improve the quality of life among nearby communities. The economies of nearby countries also stand to benefit, as the bridge improves connectivity among Bhutan, India, and Nepal, and improves mobility of people, goods, and essential services. Author: CUTS International Year: 2022 Download Tags: Transport, Trade, BBIN, Bangladesh, Bhutan, India, Nepal Key Indicators for Asia and the Pacific 2022Key Indicators for Asia and the Pacific 2022 provides statistics on economic, financial, social, and environmental measures, as well as select indicators for the Sustainable Development Goals (SDGs). Statistics for Asian Development Bank's member countries include numbers for energy and electricity, transport and communications, and international trade. Author: Asian Development Bank Year: 2022 Download Tags: ADB, South Asia, Sustainable Development Goals |
