ADB downgrades Bhutan’s 2023 growth forecast to 4.3 percent
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ADB downgrades Bhutan’s 2023 growth forecast to 4.3 percent
Thukten Zangpo In the latest Asian Development Outlook, the Asian Development Bank (ADB) has revised down Bhutan’s economic growth forecast by 0.3 percentage points, projecting a growth rate of 4.3 percent for the current year. This revision comes in the wake of the bank’s earlier projection in April, which had predicted a slightly higher growth rate of 4.6 percent for 2023, subsequently declining to 4.2 percent in the following year. Sonam Lh…
·Bhutan
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