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IMF: World economy at 3% growth
The International Monetary Fund (IMF) stated that the global economy has managed to better navigate the energy shock caused by the war in the Middle East than anticipated, with global gross output continuing to grow at a rate of around 3% throughout 2026. However, the situation remains fraught with risks, including rising oil and gas prices and increasing global debt pressures, as the ratio of public debt to GDP approaches 100%, the highest level since World War II. Inflation also remains high, despite the halt in its decline since the cost-of-living crisis in 2022, with expectations of increased energy demand as winter approaches, further challenging global economic stability.
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