By Ishmeal 
The International Monetary Fund (IMF) says global economic activity has remained resilient despite ongoing economic challenges, but it expects worldwide growth to slow in 2026 before recovering slightly in 2027.
According to the IMF, global economic growth is projected to slow to 3.1 per cent in 2026, before rebounding to 3.4 per cent in 2027.
The Fund also projects that global headline inflation will rise to 4.7 per cent in 2026, before easing to 4.1 per cent in 2027.
The projections point to continued pressure on economies as countries navigate inflation, energy costs and other economic challenges.
The IMF warned that energy-importing economies outside the technology value chain face the most difficult outlook. These countries may experience greater pressure from energy costs and weaker economic conditions.
For households and businesses, rising inflation can increase the cost of goods and services, while slower economic growth may affect investment, job creation and income opportunities.
Although the global economy has shown resilience, the outlook suggests that many countries could continue to face economic difficulties in the coming years.
The IMF’s projections highlight the importance of managing inflation, strengthening economic stability and supporting sustainable growth as countries respond to changing global conditions.
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