The Asian Development Bank has revised its 2021 growth outlook for the region down slightly to 7.0%, from the 7.1% it had pencilled in September.

The regional development bank has also lowered its growth figure for next year to 5.3%, from 5.4%.

This follows the renewed outbreaks of coronavirus infections which have led to slower growth in 3Q2021, ADB noted on Dec 14.

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