The Iran war is expected to slow global growth to the lowest rate since the COVID-19 pandemic, the World Bank has said.
Global growth is forecast to slow to 2.5 per cent in 2026 from 2.9 per cent in 2025.
Forecasts for two-thirds of economies have been downgraded relative to January 2026.
This year, growth in developing economies is expected to drop to a post-pandemic low of 3.6 per cent.
Global growth is forecast to slow to 2.5 per cent in 2026 from 2.9 per cent in 2025.
Forecasts for two-thirds of economies have been downgraded relative to January 2026.
This year, growth in developing economies is expected to drop to a post-pandemic low of 3.6 per cent.