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.
Related News
US-Ukraine talks on restarting peace talks
Kathmandu. President of Ukraine Volodymyr Zelensky said that the talks with US special envoys Steve Wittkoff and Jared Kushner were very meaningful and important. Speaking to journalists after the meeting on Sunday, Zelensky informed that there wa...
Cease fire between Pakistan and Afghanistan
Kathmandu. Pakistan and Afghanistan issued separate statements to announce a ceasefire between the two sides on Wednesday. which has been implemented.
Pakistan's foreign office said on Wednesday that at the request of the Afghan side, Paki...
Three oil tankers in the Strait of Hormuz under Iranian control, tension further heightened after the US strike
Tehran. Three oil tankers trying to cross the Strait of Hormuz have been seized by Iran's Islamic Revolution Guards Corps (IRGC). According to the Iranian side, one of the tankers exploded and caught fire during the seizure.
Iranian media re...
The US shot down an Iranian drone in the Arabian Sea
Kathmandu. The US shot down an Iranian drone in the Arabian Sea on Tuesday. According to Reuters, Iran's Shahed (139) drone came close to the USS Abraham Lincoln aircraft carrier of the US Navy. The USS Abraham Lincoln is a nuclear-powered aircraf...
American citizens released from Iran
Kathmandu. US President Donald Trump has informed that an American citizen detained by Iran since December 2024 has been released and allowed to leave the country. According to him, the woman is now safely out of Iran and her health condition is a...
Public funeral for 165 girls killed in Iranian school
Kathmandu. A public funeral was held for 165 girls who were killed in the American and Israeli attacks at a girls' school in the Iranian city of Minab. 165 girls died in a missile attack. Thousands of people gathered at the public funeral. W...