ADB Annual Report 2024The Asian Development Bank (ADB) Annual Report 2024 details operational and financial results. ADB supported regional cooperation initiatives in South Asia. For instance, ADB committed $662 million to support Nepal’s growing domestic electricity demand and green electricity export aspirations through the South Asia Subregional Economic Cooperation (SASEC) Electricity Transmission and Distribution Strengthening Project. ADB also supported SASEC through health and trade facilitation projects in Bangladesh and India and technical assistance for health and transport in Bhutan and Nepal. Author: Asian Development Bank Year: 2025 Download Tags: ADB, Health, Energy, SASEC, South Asia, Trade Facilitation, Transport South Asia Development Update, April 2025: Taxing TimesAmid uncertainty in the global landscape, growth in South Asia is estimated to slow to 5.8% in fiscal year (FY) 2025 before picking up to 6.1% in FY2026. In Bangladesh, GDP growth will moderate to 3.3% in FY2024-2025 before rebounding to 4.9% in FY2025-2026. Growth in Bhutan will accelerate to 6.6% in FY2024-2025 and 7.6% in FY2025-2026. In India, growth is projected at 6.5% in FY2024-2025 and 6.3% in FY2025-2026; while in Maldives, growth will reach 5.7% in FY2025 and 5.3 in FY2026. Nepal’s economy will grow to 4.5% in FY2024-2025 and 5.2% in FY2025-2026. In Sri Lanka, growth will moderate to 3.5% in FY2025 and 3.1% in FY2026. Author: World Bank Year: 2025 Download Tags: GDP, WB, South Asia  Asian Development Outlook (ADO) April 2025South Asia underwent a slowdown, amid delays in public investment in India. South Asia's gross domestic product (GDP) is estimated at 6.0% in fiscal year (FY) 2025 and 6.2% in FY2026. Bangladesh's GDP growth is estimated at 3.9% in FY2025, amid a projected improvement in manufacturing. In Bhutan, growth in 2025 will rise to 8.5% behind expansion in industry and hydroelectric production. India's GDP will reach 6.7% in FY2025 amid a strong outlook for services and manufacturing. In Maldives, growth will moderate to 5.0% in FY2025 amid slowdowns in construction. GDP growth in Nepal in FY2025 will be at 4.4% with expansion expected in agriculture. Sri Lanka's GDP will moderate to 3.9% in FY2025, though infrastructure investments are forecast to spur growth. In Southeast Asia, Myanmar will experience modest GDP growth of 1.1% in 2025, premised on growth in industry and services.
Author: Asian Development Bank Year: 2025 Download Tags: ADB, Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Sri Lanka, Manufacturing, Agriculture, Services |
