Which institution has recently estimated that Asia's economy will contract for the first time since 1962?

Answer: World Bank
Explanation

As per this report, Asia's GDP would decline by 0.7 percentage in this current year and it would increase 7.7 percentage in the next fiscal year. 

This question appeared in Subjects (2 times)
INTERNATIONAL CURRENT AFFAIRS (1 times)
YEARLY CURRENT AFFAIRS (1 times)