Washington, United States, June 11, 2026 (AFP) - World Bank lowers global growth forecast on Iran war impacts

NAMPA / AFP

2026-06-11

The World Bank on Thursday lowered its global growth forecast to its lowest level since the pandemic, warning of the expanding economic impacts of the war in the Middle East on countries around the globe. Worldwide growth is now forecast to drop to 2.5 percent in 2026, from 2.9 percent a year earlier, with headline inflation averaging four percent, the multilateral lender said in its Global Economic Prospects report. The US-Israel war on Iran has......

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WINDHOEK, 11 JUNE 2026 - Namibia has released its Impact Assessment Report on the African Continental Free Trade Area (AfCFTA) and the Accelerated Industrial Development for Africa (AIDA) in Windhoek on Thursday, an event commissioned by the Executive Director and Director General at the National Planning Commission, along with Jane Matsubara, JICA advisor; Mustafa Sakr, the Head, Trade and Market Unit at AUDA; and Akihiro Hoshino, Japan International Agency Resident Representative. (Photo by: Uakutura Kambaekua) NAMPA.

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WINDHOEK, 11 JUN (NAMPA) The National Planning Commission has launched its Strategic Plan for 2025/26 – 2029/30. The commission's executive director, I-Ben Nashandi (centre), led the launch alongside key strategic stakeholders in Windhoek on Thursday. (Photo by: Uakutura Kambaekua) NAMPA.

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WINDHOEK, 11 JUN (NAMPA) The National Planning Commission has launched its Strategic Plan for 2025/26 – 2029/30. The commission's executive director, I-Ben Nashandi (second from left), led the launch alongside key strategic stakeholders in Windhoek on Thursday. (Photo by: Uakutura Kambaekua) NAMPA.

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WINDHOEK, 11 June 2026 - Former first lady, Monica Geingos. (Photo by: Molly Weyulu) NAMPA

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WALVIS BAY, 10 June 2026 - Delegates attending the Association of Local Authorities in Namibia (ALAN) Elective Congress in Walvis Bay. The three-day congress will conclude with a the election of a new leadership to guide the association for the next term. (Photo by: Isabel Bento) NAMPA

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WINDHOEK, 10 June 2026 - Deputy Governor of the Bank of Namibia, Nicholas Mukasa. (Photo by: Molly Weyulu) NAMPA

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MARIENTAL, 09 June 2026 - Mariental Residents Association chairperson Werner von Watzdorf. (Photo: Contributed)

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