USA-IMF/Middle East/Global Economy
USA-IMF/Middle East/Global Economy
Dateline : April 14/7, 2026/File
Location : United States
Duration : 1'54
FILE: Washington D.C., USA - Oct 15, 2025 (CCTV - No access Chinese mainland)
1. IMF headquarters
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
2. IMF logo
FILE: Strait of Hormuz - 2011 (CCTV - No access Chinese mainland)
3. Aerial shot of island at Strait of Hormuz
4. Boats sailing through Strait of Hormuz
FILE: Kharg Island, Iran - 2016-2018 (CGTN - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
5. Various of Kharg Island, oil facilities
FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland)
6. Various of oil field facilities, pipelines, fire
FILE: Los Angeles, California, USA - 2026 (CGTN - No access Chinese mainland)
7. Various of price board, people refueling cars at gas station
FILE: Bangkok, Thailand - 2026 (CCTV - No access Chinese mainland)
8. Various of people waiting in line, refueling vehicles, motorbikes at gas station
FILE: London, UK - Date Unknown (CGTN - No access Chinese mainland)
9. Woman fueling vehicle
10. Traffic
Madrid, Spain - April 7, 2026 (CCTV - No access Chinese mainland)
11. Various of agricultural market; people; price tags on goods
12. Exterior of fertilizer factory
13. Various of fertilizer at warehouse
FILE: Port Sudan, Sudan - 2026 (CGTN - No access Chinese mainland/Al-Arabiya TV/Middle East Broadcasting Center)
14. Aerial shots of port scene, vessel, containers, cranes, trucks
The International Monetary Fund (IMF) has lowered its global economic growth forecasts for 2026 to 3.1 percent in the World Economic Outlook (WEO) report published on Tuesday, while keeping its projection for 2027 at 3.2 percent.
This marks a deceleration from the estimated 3.4 percent growth achieved in 2025. Before the outbreak of the Middle East conflict, the bottom-up forecasts for global growth would have been 3.4 percent in 2026 and 3.2 percent in 2027.
The forecast incorporates the impact of the war and assumes that it will be limited in duration, intensity and scope, with disruptions fading by mid-2026.
Under the reference forecast, global headline inflation is expected to increase to 4.4 percent in 2026 and decline to 3.7 percent in 2027.
If the conflict and the ensuing spike in oil prices last longer, global economic growth in 2026 will fall to 2.5 percent, while global inflation will climb to 5.4 percent, according to the report.
In extreme cases, global economic growth in 2026 could drop to two percent, the report warned.
To be specific, the U.S. economy is projected to grow by 2.3 percent in 2026 and 2.1 percent in 2027, although higher trade barriers introduced since April 2025 are expected to continue to weigh on activity.
In the euro area, growth is projected to decline from 1.4 percent in 2025 to 1.1 percent in 2026 before edging up to 1.2 percent in 2027. The forecasts for 2026 and 2027 are each 0.2 percentage point lower than those compared in the January 2026 WEO Update.
The 2026 growth forecast for emerging market and developing economies is revised down by 0.3 percentage point, to 3.9 percent, while the outlook for advanced economies remains broadly unchanged.
With risks still tilted to the downside since the January 2026 WEO Update, the IMF suggested a comprehensive policy package combining domestic measures with coordinated international actions to strengthen resilience and foster adaptability.
It also stated in the report that "trade restrictions play a limited role in correcting imbalances but can worsen output," and urged countries to cooperate and take coordinated actions to restore stability to international economic relations.
ID : 8474798
Published : 2026-04-14 23:51
Last Modified : 2026-04-15 18:34:51
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : See shotlist
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