MENA region: IMF forecasts economic growth of 3.5% in 2025

This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
The International Monetary Fund (IMF) forecasts that economic growth in the North Africa and Middle East region will reach 3.5% in 2025, before accelerating to 3.9% in 2026.
Appearing in the updated World Economic Outlook report, released on Friday, these estimates were revised slightly downwards, by 0.5% and 0.3% respectively, compared to the IMF forecasts made public last October.
At the global level, the international financial institution maintains its growth forecasts unchanged at 3.3% in 2025 and 2026, “mainly due to an upward revision of economic performance in the United States which offsets the regression in “other major economies”.
Concerning the world’s largest economy, the IMF revised upwards its growth estimates for the last quarter of 2024, which stood at 2.7% (compared to forecasts of 2.2% in October) driven by a “ robust dynamics” and higher consumption than expected.
Overall, the United States has returned to its pre-pandemic growth potential, unlike the eurozone and China, the report explains.
The IMF thus forecasts that the growth of the American economy will be at 2.7% in 2025, before slowing to 2.1% in 2026, while that of the euro zone will have to settle at 1.0% and 1.4%, respectively.
For China, the economy will have to grow by 4.6% and 4.5% for the next two years, according to the Bretton Woods institution, which notes that the Chinese economy only grew in the last quarter of 2024 than a rate “lower than expected”, estimated at 4.7%.
Furthermore, global overall inflation will have to slow to 4.2% in 2025 and to 3.5% in 2026, indicates the IMF report, which notes that the most pronounced declines will be recorded in advanced economies rather than in emerging and developing economies.