IMF Lowers 2026 Global Growth Forecast to 3% but Projects Rebound in 2027

IMF lowers global growth outlook due to war in Iran

The International Monetary Fund (IMF) announced this week a downward revision of its 2026 global economic growth forecast compared to its April projections, citing the ongoing war in Iran. The fund now expects global growth to reach 3.0 per cent, down from the 3.1 per cent it had anticipated in April 2026. Conversely, the IMF […]

IMF Sees Global Growth Holding Steady Despite Middle East War Shock

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The global economy is proving more resilient than expected despite the fallout from the war in the Middle East, with growth projections holding broadly steady as a technology investment boom driven by AI offsets part of the energy shock, according to the International Monetary Fund’s (IMF) latest World Economic Outlook (WEO) update released on July 7. I…

IMF lowers 2026 global growth forecast to 3% but projects rebound in 2027

The IMF has cut its global growth forecast for the second time this year, flagging "uncertainty and risks" brought on by the war in Iran. Spanish Prime Minister Pedro Sanchez responds to threats from Donald Trump that the US will cut off all trade with his country. And, the heatwave is putting France's power system under pressure.

IMF forecasts lower growth in world’s economy

The International Monetary Fund (IMF) has revised its forecast for the rest of 2026, setting global growth at a lowly 3% due to the aftershocks of the still unresolved Iran war. The IMF in April said global growth would be around 3.1%, but later revised its forecast downward. Last year, the global economy was up 3.5%. However, the IMF also expects a rebound in 2027, with a tentative forecast of 3.4% growth. The eurozone is going to be among the …

IMF cuts global growth forecast, raises China outlook

The International Monetary Fund on Wednesday cut its global economic growth forecast for 2026 to 3% while raising its projection for China's economy to 4.6%.