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World Bank expects weakest global growth since pandemic

The World Bank expects the weakest global economic growth since the start of the coronavirus pandemic this year, thanks to the ramifications of the Iran war.

The institute has revised its forecast for 2026 downward by 0.1 percentage point to 2.5 per cent, according to a report published by the World Bank.

Last year, the global economy grew by 2.9 per cent.

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