The Middle East, North Africa and Pakistan are poised for a sharp economic recovery in 2027, with growth projected to reach 6.6 per cent after a war-induced contraction this year, although the International Monetary Fund (IMF) has warned that the rebound will be uneven and depend heavily on the restoration of energy production and trade.
The global economy is showing signs of a moderate slowdown after a first half of robust activity largely attributable to temporary factors — such as front-loading of trade and investment and inventory management strategies, says IMF's latest World Economic Outlook (WEO) report.
The International Monetary Fund (IMF) has raised its 2026 global growth forecast by 0.1 percentage points to 3.1%, citing the resilience of the global economy in the face of higher energy costs and other shocks.
