IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI - The Zimbabwe Mail IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI

IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI - The Zimbabwe Mail IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI

WASHINGTON — The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war. But the fallout from the conflict is being partially offset by booming investment in artificial intelligence and other technologies. The IMF now expects the global economy to expand by a sluggish 3% in 2026, down from 3.5% last year and from the 3.1% it had forecast for this ye…