ADB Warns of Long-Term Economic Impact from Trump’s Policy Shifts on Asia-Pacific

Growth forecasts for the Caucasus and Central Asia have also been adjusted upward, with an anticipated 4.9% growth this year and 5.3% in 2025. In contrast, the Pacific Islands’ growth projections remain stable at 3.4% for 2024 and 4.1% for 2025. Despite these generally positive forecasts, risks to economic growth and inflation remain, including the potential escalation of geopolitical tensions and the continuing vulnerability of China’s property markets.

Beyond the uncertainties surrounding U.S. policy changes, ADB remains committed to supporting sustainable, inclusive, and resilient growth in Asia and the Pacific. Founded in 1966, ADB works towards eradicating extreme poverty and ensuring long-term prosperity across the region. With 69 members, 49 of which are located in Asia and the Pacific, ADB continues to be a key player in driving development across the region. (Uki Ruknuddin)