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Makhtar Diop projects that global growth will slow to 2.5% in 2026, marking the weakest pace since the pandemic.
He notes that this slowdown comes as millions of young people enter the workforce, creating an urgent need for more investment, expanded private sector growth, and increased job opportunities, especially in emerging markets.
Diop previously highlighted a World Bank Group initiative that provided over $235 million for hurricane recovery in Caribbean countries. He has also noted that the ocean economy could surpass $5 trillion by 2050. These past remarks focus on economic development and investment in emerging regions.