Commodity-importing emerging market and developing economies face the sharpest toll from the war in the Middle East. We project EMDE growth to fall to 3.9% in 2026 and 4.2% in 2027. Currency depreciation could exacerbate the impact of higher energy and food prices. Read more: https://www.imf.org/en/publications/weo/issues/2026/04/14/world-economic-outlook-april-2026?cid=sm-com-x-sm26-WEOEA2026001(IMF)