The IMF downgraded its original 3.1% outlook for the year it announced in April to 3% this month, down even further from the 3.5% it expected in 2026.

It excepts the world economy to grow by 3 per cent, down from 3.5 per cent in 2025.

The International Monetary Fund's World Economic Outlook update, which was released on Wednesday, projected global growth at 3 percent this year, down from an average of 3.5…

The International Monetary Fund has adjusted its global growth prediction for 2026, reflecting the adverse effects of warfare and rapid technological changes. Inflation is…