Economic growth halted due to geopolitical developments

2026 has been characterised by a slowdown in growth, based on new data highlighting the economic outlook for the years ahead, due to international geopolitical developments, particularly the happenings in the Middle East.

Estimates made by The Central Bank in the Economic Bulletin notes a temporary period of pressure on the economy, as the energy market, production costs, as well as general economic activity, is to be affected by the turmoil in international markets....