World Bank cuts 2026 global growth outlook to 2.5%

Key points Main Story The ongoing conflict in the Middle East is expected to slow global economic growth to its lowest level since the COVID-19 pandemic, according to the World Bank’s latest Global Economic Prospects report. An official statement released by the bank’s Online Media Briefing Centre on Thursday highlighted that elevated energy prices, rising … Continue reading World Bank cuts 2026 global growth outlook to 2.5%