East Asia is likely to register this year its best GDP growth since the 1997 financial crisis, reaching up to 7.6%, despite high oil prices and some loss of growth momentum, according to a report by Asian Development Bank (ADB). The report was released before December 26’s devastating earthquake and tsunamis that killed more than…
EAST ASIA: ADB forecasts highest growth since 1997 crisis, despite high oil prices
Posted on December 28, 2004 by EnergyAsia