[Published: Friday June 12 2026]
 Global growth to slow to 2.5% due to Iran war: World Bank
WASHINGTON, 12 June. - (ANA) - The World Bank on Thursday lowered its global growth forecast to its lowest level since the COVID-19 pandemic, warning of the expanding economic impacts of the US-Israeli war on Iran on countries around the globe.
"Global growth is forecast to slow to 2.5 per cent in 2026, down from 2.9 per cent in 2025. Forecasts for two-thirds of economies have been downgraded relative to January of this year," the multilateral lender said in a statement accompanying the release of its Global Economic Prospects report. - (ANA) -
AB/ANA/12 June 2026 - - -
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