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Middle East Output to Shrink 1.3% in 2026 on War Disruptions, IMF Says

Kurdistan24 · October 22, 2026

The International Monetary Fund forecasted Thursday that Middle East and North Africa economic output will contract 1.3% in 2026 due to disruptions from regional conflict affecting energy production, shipping, tourism and trade, before rebounding to 6.6% growth in 2027. Oil-exporting economies faced steeper declines from energy and shipping disruptions, while oil importers proved more resilient, the IMF said.

Quwwaa's summary, drawn from reporting by Kurdistan24. Read the full story at Kurdistan24 →

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