IMF cuts 2026 Saudi GDP forecast to -3.3% on Gulf war disruption

An account says the IMF's 2026 Saudi GDP forecast swung from +3.1% in April to -3.3% in October, driven by the full onset of war, the Strait of Hormuz blockade and pipeline interdiction, versus April models that assumed a wartime rather than disrupted economy.

Detected & updated continuously · Source: Nebula