IMF: Global Economy Rebounds to 3%
The International Monetary Fund has confirmed that the global economy has managed to better than expected to withstand the energy shock caused by the war in the Middle East. Growth is projected to reach around 3% in 2026, despite oil and gas prices remaining high and countries continuing their efforts to build energy reserves. While risks persist, the IMF noted that economies have demonstrated remarkable resilience, supported by draws on reserves and some countries’ moves to diversify energy sources or reduce demand. Meanwhile, forecasts anticipate an increase in energy demand as winter approaches in the Northern Hemisphere.
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