IMF Cuts 2026 Global Growth Forecast; Projects Taiwan's Real GDP to Grow 5.2%

WASHINGTON — Amid Middle East war disrupting commodity markets and driving up prices, the IMF today lowered its 2026 global economic growth forecast to 3.1%, down from January's 3.3%. The IMF warned that the conflict could derail the global economy. For Taiwan, the IMF projects real GDP growth of 5.2%, CPI at 1.5%, and unemployment at 3.4% this year. China's forecast was trimmed to 4.4%, while the Eurozone and Middle East regions also saw downward revisions. Notably, Iran, Iraq, and Qatar are expected to suffer economic contractions of 6.1%, 6.8%, and 8.6% respectively due to energy export disruptions.