GLOBAL economic growth is projected to slow from 3.4 per cent in 2025 to 2.8 per cent in 2026, before recovering to 3.1 per cent in 2027, according to the latest Economic Outlook released by the Organization for Economic Cooperation and Development (OECD) on Wednesday.
Even though the world economy entered 2026 stronger than many had anticipated, the conflict in the Middle East has become the dominant force shaping the global economic outlook, the OECD said.
According to the OECD, the evolution of the conflict remains uncertain, while its economic consequences are likely to be felt for some time even after its resolution.
Xinhua
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