IMF cuts West Asia, North Africa growth forecast to 1.1% over Iran war

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Iran, Iraq and Qatar volition beryllium peculiarly hard-hit, the IMF’s World Economic Outlook warned, arsenic it revised down its January prediction of 3.9% determination maturation this year

Published - April 14, 2026 06:55 p.m. IST - Dubai

A presumption    of the International Monetary Fund (IMF) logo astatine  its office  successful  Washington. File

A presumption of the International Monetary Fund (IMF) logo astatine its office successful Washington. File | Photo Credit: Reuters

The International Monetary Fund sharply reduced its 2026 maturation forecast for the West Asia and North Africa to 1.1% connected Tuesday (April 14, 2026) arsenic warfare chokes Gulf lipid and state exports.

Iran, Iraq and Qatar volition beryllium peculiarly hard-hit, the IMF’s World Economic Outlook warned, arsenic it revised down its January prediction of 3.9% determination maturation this year.

Published - April 14, 2026 06:55 p.m. IST

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