The International Monetary Fund (IMF) raised its global growth forecast for this year by 0.2 percentage points to 3%, with growth expected to gradually increase to 3.1% in 2026, amid a slight improvement in the economic outlook and a decline in geopolitical threats, particularly in the oil market.
According to the IMF, achieving additional growth will remain contingent on the outcome of global trade talks. It indicated that the United States' imposition of lower-than-expected tariffs has contributed to easing pressure on trade. It expects inflation in the United States to remain above target levels in the coming period, despite expectations that interest rates will begin to decline in both the United States and the United Kingdom during the second half of 2025.
Source (Al Arabiya.net, edited)
