The International Monetary Fund (IMF) released its World Economic Outlook (WEO) report, raising its global growth forecast for 2026.
Global economic growth is projected at 3.1% in 2026, up by 0.1 percentage points, compared with 3.5% in 2025.
Global growth for 2027 remains unchanged at 3.4%, while global inflation is projected to reach 4.7% in 2026.
The Iran war and rising energy prices threaten energy-importing and low-income countries, while investment in Artificial Intelligence (AI) supports growth in some advanced economies.
The Middle East and Central Asia region is projected to contract by 0.3% in 2026, while advanced economies are expected to grow by 2.1%.