IMF Forecasts Middle East, North Africa and Pakistan GDP to Contract 1.3% in 2026
The IMF attributed the forecast contraction to the Iran war and projected 6.6% growth in 2027. It warned that further energy production disruptions could worsen the outlook.
By Andrea Shalal and Federico MaccioniThe IMF on Thursday forecast a sharp drop in economic output in the Middle East, North Africa and Pakistan this year due to the Iran war, followed by 6.6% growth in 2027, though it warned that further energy production disruptions could worsen the outlook.The I…