Middle East
UAE Touts Diversification at IMF, World Bank Bangkok Meetings
UAE delegation presents diversification record at IMF and World Bank annual meetings in Bangkok, with central bank governor citing 2027 GDP growth forecast near 10 percent.
IMF
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The UAE is presenting its economic diversification and financial policy experience at the 2026 IMF and World Bank Group annual meetings in Bangkok. Central Bank governor Khaled Mohamed Balama said in the UAE keynote that GDP growth is expected to accelerate to around 10 percent in 2027, supported by non-oil activity and oil capacity after the OPEC withdrawal.
UAE Touts Diversification at IMF, World Bank Bangkok Meetings ↗
Global Trade
IMF Africa chief warns aid cuts leave region exposed to shocks
IMF African Department Director Zeine Zeidane says bilateral aid to Africa is projected to fall 12% this year, leaving little room to absorb new shocks.
Global Trade
IMF: Asia-Pacific Economies Shaped by Energy Shocks and AI Boom
IMF Asia-Pacific director says energy shocks and an AI-driven tech boom are reshaping regional growth, trade and hiring, with AI-linked job demand down 10%.
Global Trade
IMF Flags Limits to Economic Resilience as Buffers Deplete
IMF managing director says economic resilience is nearing its limits, with energy and fiscal buffers depleted and low-income importers hardest hit.
Global Trade
IMF: Global Growth to Slow to 3.1% in 2026, Risks Tilted Downside
IMF projects 3.1% global growth in 2026, down 40 basis points from last year, with 3.4% forecast for 2027, citing war-driven commodity shocks and AI demand.