IMF World Economic Outlook: War Darkens Global Economic Outlook and Reshapes Policy Priorities

This economic review will discuss the presentation by Mr. Pierre-Olivier Gourinchas, the Economic Counselor and the Director of Research of the International Monetary Fund (IMF), for the World Economic Outlook (WEO) for April 2026                                                                                                                                                                                                                                                                                                                                                                                Although 2025 witnessed policy ambiguity and trade disruptions caused by the trade tariffs imposed by President Trump’s administration on all countries, the year ended with a positive tone. Lower US tariffs than initially disclosed, fiscal support by governments, and positive financial circumstances led to remarkable returns. This momentum was expected to continue in 2026 with global growth forecasts recorded 3.4% before the escalation of the geo-political tensions in the Middle East.

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