World Bank Cuts Ethiopia Growth Forecast by 0.8 Points as External Risks Rise
The World Bank has lowered its growth forecast for Ethiopia’s economy by 0.8 percentage points, lowering projected gross domestic product expansion to 6.9 percent in fiscal year 2026/27, as weaker global conditions and geopolitical tensions weigh on the outlook despite ongoing domestic reforms. In its June 2026 Global Economic Prospects report, the lender...