IMF warns that economic growth may fall below 2 percent if Iran war prolongs
-
Media Baaji
- Wed, 15 April 2026
Kathmandu. The International Monetary Fund (IMF) has warned that if the Iran war continues for a long time and energy prices continue to rise, the world economy could be pushed into recession. According to the IMF's "World Economic Outlook" report, the war has again increased instability in the world economy. It has been mentioned that the blockage of the Hormuz waterway has seriously affected the energy supply.
It has been warned that if the prices of oil, gas and food items remain high for the next year, the global economic growth rate may drop below two percent in 2026. IMF Chief Economist Pierre-Olivier Gorinchas said, this could create a recession-like situation in the world, due to which unemployment would increase and food insecurity would deepen.
In a severe scenario, the average price of oil is estimated to reach $110 per barrel this year and $125 in 2027. Along with this, it is mentioned that the global inflation rate may reach 6 percent in 2027.
Express
Related News
Sheikh Hasina sentenced to death
Kathmandu. Bangladesh's International Criminal Tribunal (ICT) has found former Bangladesh Prime Minister Sheikh Hasina guilty of serious crimes against humanity. A three-judge tribunal has sentenced Sheikh Hasina to de...
Telephone conversation between the presidents of Iran and Russia
Kathmandu. Russian President Vladimir Putin and Iranian President Masoud Pezheshkian had a telephone conversation. It is said that the talks focused on the ongoing conflict in the Middle East region. During the conversation on Tuesday night, Putin...
Transportation of goods between Nepal and China has been completely blocked for four months
Kathmandu. On June 24th, due to the devastating flood in China's Lhende river, the Mitteri bridge at the Kerung crossing was swept away, and the transportation of goods between Nepal and China has been completely block...
After Trump's threat to impose tariffs, China gave this answer
Kathmandu. China has denied the allegations of supplying weapons to Iran as baseless and malicious. Amid US warnings and international media reports, Beijing reiterated its claim that it is a country that follows responsible export policies.
After the drone attack on the ship, the US launched a new attack on Iran
Kathmandu. After a drone attack on a Panamanian-flagged commercial ship in the Strait of Hormuz on Saturday, the US launched a new air strike against Iran. The American Central Command has confirmed that various addresses inside Iran were targeted...
US claims Iran's Supreme Leader Khamenei killed, denied by Iran
Kathmandu. US President Donald Trump has claimed that Iran's Supreme Leader Ayatollah Khamenei has been killed. On the social media platform Truth Social, Trump wrote, "One of the most brutal people in history, Khamenei, has been killed." This is...