๐๐ป๐ฑ๐ถ๐ฎ ๐๐๐ฃ ๐๐ฟ๐ผ๐๐๐ต ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐ฎ๐ฌ๐ฎ๐ฒ ๐ช๐ผ๐ฟ๐น๐ฑ ๐๐ฎ๐ป๐ธ ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐๐ ๐ฒ.๐ฒ ๐ฃ๐ฒ๐ฟ๐ฐ๐ฒ๐ป๐
The World Bank lowered its global growth forecast for 2026 to 2.5 percent. The lender cited the conflict in the Middle East, rising energy prices, and more market uncertainty.
The bank expects global growth to drop from 2.9 percent in 2025 to 2.5 percent in 2026. This would mark the weakest global expansion since the Covid-19 pandemic.
- The World Bank expects India to grow 6.6 percent in fiscal year 2026-27
- India remains the fastest-growing major economy
- India posted 7 percent growth in 2025
- The lender projects 7.2 percent growth for India in 2027 and 7.0 percent in 2028
- Economic activity in India stayed strong early this year because of strong domestic demand
- Rural demand stayed strong while urban demand showed signs of recovery
- Higher energy prices and rising input costs will slow India's growth
- Lower fuel taxes and reduced GST rates would help support consumer spending
- Reduced US tariffs and new trade agreements would offset weak demand for exports
- Higher energy subsidies will widen India's fiscal deficit
- Slower capital spending and cuts to non-essential spending will partly offset lower tax revenues
- Higher energy import costs will weaken external balances in South Asia
- The World Bank expects trade agreements and business reforms to bring more foreign direct investment to India over time
- The World Bank projects Brent crude to average $94 per barrel in 2026, up 36 percent from 2025
- The World Bank warned global growth would slow to 2.1 percent if oil averages $115 per barrel
- The World Bank expects emerging economies to grow 3.6 percent in 2026, down from 4.4 percent in 2025
- The World Bank projects China's economy to grow 4.2 percent in 2026, down from 5 percent in 2025
- The World Bank expects the euro area to expand by 0.8 percent and Japan by 0.7 percent
- The World Bank expects global growth to improve to 2.8 percent in 2027 and 2028