IMF Sees Global Growth Slowing To 3.1% By 2026

The International Monetary Fund (IMF) has forecast a slowdown in global economic growth from 3.3% in 2024 to 3.2% in 2025 and 3.1% in 2026, warning that rising protectionism and policy uncertainty could weigh on recovery. Presenting the IMF’s October World Economic Outlook in Washington on Tuesday, Tobias Adrian, the Fund’s Financial Counsellor, said advanced…

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ECOWAS Sets Stage For Private Sector-Led Growth With New Business Council

West Africa’s regional bloc ECOWAS is preparing to launch a private sector-led Business Council (EBC), described as a transformational platform to boost economic integration, competitiveness and cross-border trade. The ECOWAS Commissioner for Economic Affairs and Agriculture, Massandje Toure-Litse, said in Abuja that the EBC was “designed by private sector leaders, for private sector leaders” and…

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IMF Projects Global Growth At 3.0% in 2025, 3.1% In 2026 Amid Ongoing Policy Shifts

The International Monetary Fund (IMF) has projected global economic growth at 3.0 per cent in 2025 and 3.1 per cent in 2026, as significant policy changes continue to shape the global economic landscape. This is contained in the IMF’s July 2025 World Economic Outlook (WEO) Update, titled “Global Economy: Tenuous Resilience amid Persistent Uncertainty”, released…

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