Economic·Al Jazeera·2d agoGlobal

IMF: Middle East, Central Asia to Shrink in 2026

Kuwait, Qatar face double-digit GDP drops

Negative1 min read
IMF: Middle East, Central Asia to Shrink in 2026

AI Summary

The IMF forecasts the Middle East and Central Asia economy will contract 0.3 percent in 2026 amid the US-Israel war on Iran, with Kuwait, Iraq and Qatar facing double-digit GDP contractions.

Keywords

IMFMiddle East economyGDP contractionStrait of HormuzUS-Israel Iran war

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