The International Monetary Fund (IMF) has downgraded its 2026 global economic growth forecast to 3%, down from 3.5%

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…