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    Josia Shigwedha

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    Josia Shigwedha

Global Economic Forecast

2 Results / Page 1 of 1

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Business / Economics

IMF raises 2026 global growth forecast to 3.3%

The International Monetary Fund on Monday revised its global economic growth forecast for 2026 to 3.3 percent, reflecting continued resilience as the world adapts to shifting trade conditions and robust investment in artificial intelligence and technology sectors. The updated projection, released in the IMF’s World Economic Outlook update, marks a 0.2 percentage point increase from estimates published last October. The pace matches the 3.3 percent growth the IMF now expects […]

today20 January, 2026

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World

UN Economists warn of “resource curse” in net-zero transition

Economists at the UN Department of Economic and Social Affairs warn that people in mineral-rich countries crucial for the global transition to a net-zero carbon economy may suffer from a new "resource curse," where wealth fails to alleviate poverty. The findings were part of the department's latest economic prediction released on 16 May 2024. Hamid Rashid, the lead economist at DESA. According to the World Economic Situation and Prospects as of […]

today20 May, 2024