World Bank says Middle East economy to contract 2.1% in 2026 on Iran war
The National · 6 Oct 2026

World Bank says Middle East economy to contract 2.1% in 2026 on Iran war

The World Bank on Tuesday lowered its 2026 forecast for the economies in the Middle East, saying the region's overall GDP will contract by 2.1 per cent for this year. The revision was the latest downgrade the World Bank has forecast for the region as the Iran war continues to constrain energy suppli


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