Jordan’s Q2 2026 GDP Expands 3.0%, Outperforming Regional Headwinds, International Forecasts
ENV-KUWAIT-SUSTAINABLITYKuwait strengthens environmental sustainability through strategic initiativesBy Zahra Al-Kadhmi
HLT-KUWAIT-SURGERYKuwait advances health sector with robotic, remote surgeryBy Mohammad Al-Moseb
Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Amman, Oct. 13 (Petra) – The International Monetary Fund (IMF) raised
its 2026 global economic growth projection on Tuesday to 3.1 percent,
up 0.1 percentage point from its July forecast.
In its latest World Economic Outlook (WEO) report, the IMF
characterized the global economy as “fragmented,” caught between the
opposing forces of rising energy prices and a massive surge in
artificial intelligence (AI) investments.
Global economic expansion is expected to moderate from 3.5 percent in
2025 before accelerating to 3.4 percent in 2027, a projection
unchanged from previous estimates.
The upward revision for 2026 is largely driven by a momentum in
advanced economies, particularly in Asia, where soaring AI investment
has cushioned the impact of energy price shocks.
The US economy is projected to grow by 2.3 percent in 2026 despite
higher energy costs. Key tech manufacturing hubs in Asia show
exceptional strength, with Taiwan projected to expand by 10.7 percent
and South Korea expected to reach 3.3 percent growth.
//Petra// HA