{"id":27492,"date":"2026-10-13T13:40:18","date_gmt":"2026-10-13T08:10:18","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=27492"},"modified":"2026-10-13T15:18:30","modified_gmt":"2026-10-13T09:48:30","slug":"world-economic-outlook-weo","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/world-economic-outlook-weo\/","title":{"rendered":"World Economic Outlook Report"},"content":{"rendered":"<h2><b>World Economic Outlook Report Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The International Monetary Fund (IMF) raised India\u2019s economic growth forecast to 7 per cent for 2026 in its World Economic Outlook (WEO) report.\u00a0<\/span><\/p>\n<h2><b>About World Economic Outlook Report<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a comprehensive report published twice a year by the <\/span><b>International Monetary Fund (IMF).<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The WEO is <\/span><b>usually published in April and October<\/b><span style=\"font-weight: 400;\">, followed by the less comprehensive WEO updates in July and January.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It includes the IMF\u2019s estimates and forecasts for <\/span><b>global output growth and inflation<\/b><span style=\"font-weight: 400;\"> as well as for <\/span><b>real gross domestic product<\/b><span style=\"font-weight: 400;\"> (GDP) growth, consumer prices, current account balances, and unemployment in the IMF\u2019s member countries,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The data is drawn from IMF representatives\u2019 consultations with member countries, and is included in the WEO database.<\/span><\/li>\n<\/ul>\n<h2><b>Key Highlights of World Economic Outlook Report 2026<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Growth:<\/b><span style=\"font-weight: 400;\"> The IMF projected <\/span><b>India\u2019s growth at 7.4 per<\/b><span style=\"font-weight: 400;\"> cent in <\/span><b>2026<\/b><span style=\"font-weight: 400;\"> and 7 per cent in 2027.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Inflation:<\/b><span style=\"font-weight: 400;\"> On inflation, the IMF projected India\u2019s <\/span><b>consumer prices to rise by 5 per cent<\/b><span style=\"font-weight: 400;\"> in 2026, compared with 2 per cent in 2025.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Current Account Deficit:<\/b><span style=\"font-weight: 400;\"> The country\u2019s current account <\/span><b>deficit is expected to widen to 1.5 per cent of GDP in 2026.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Globally, economic <\/span><b>growth is forecast at 3.1 per cent<\/b><span style=\"font-weight: 400;\"> in 2026 and 3.4 per cent in 2027, while emerging and developing Asia is expected to grow by 5.1 per cent in 2026.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Middle East and Central Asia region is projected to contract by 0.3 per cent in 2026.<\/span><\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.thehindu.com\/business\/Economy\/imf-slightly-raises-forecast-for-2026-global-growth-to-31-citing-resilience-to-shocks\/article71577836.ece\" target=\"_blank\" rel=\"nofollow noopener\">TH<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Economic Outlook Report is a comprehensive report published twice a year by the International Monetary Fund (IMF). Read more about World Economic Outlook Report, Key Highlights, Latest News.<\/p>\n","protected":false},"author":5,"featured_media":128763,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[10845],"class_list":["post-27492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-upsc-prelims-current-affairs","tag-world-economic-outlook-report","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/27492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=27492"}],"version-history":[{"count":2,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/27492\/revisions"}],"predecessor-version":[{"id":128825,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/27492\/revisions\/128825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/128763"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=27492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=27492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=27492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}