EconomyMiddle East and Central Asia economies to shrink in 2026, IMF says
The IMF forecasts the Middle East and Central Asia economy will contract 0.3 percent in 2026, down from its April projection of 1.9 percent growth, citing the US-Israel war on Iran and prolonged shipping disruption in the Strait of Hormuz. Kuwait, Iraq, Qatar and Bahrain are expected to record double-digit GDP declines.
AAl Jazeera★★★★☆2026-10-13 05:59Original
Middle East and Central Asia economies to shrink in 2026, IMF says
Economy