The International Monetary Fund (IMF) slashed its global forecast war as a result of the war in Iran and presented different scenarios based on the duration of the conflict.
Concretely, the organization now has a base scenario in which the global economy will grow by 3.1% this year, a 0.2% downgrade compared to its previous outlook. Had the war not taken place, the IMF would have upgraded it to 3.4% due to increased investment in technology, lower interest rates, fewer tariffs and fiscal support in some countries, Reuters noted.
