18 minutes agoIMF lowers global growth forecast due to Iran war, warns consequences
Periskopi(3 months ago)
(3 months ago)The International Monetary Fund has slightly reduced the forecast for global economic growth this year, warning that the Middle East war may have more serious consequences if it extends and increases energy prices. According to the IMF, the global economy is expected to grow 3.1% in 2026, but this prediction depends on the assumption that the conflict [...]
According to the IMF, the global economy is expected to grow by 3.1% in 2026, but this prediction depends on the assumption that the conflict will be short-term. In the event of war escalation and strong rising oil and gas prices, global growth could drop to 2%, drawing the world closer to the risk of recession, writes CNN.
The IMF warns that a prolonged conflict could also trigger a large-scale energy crisis and seriously affect the global economy. /Periscope
