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IMF raises 2026 global growth forecast to 3.1%, as AI boom offsets Middle East conflict

  • The International Monetary Fund raised its 2026 global growth forecast to 3.1% from 3.0%, citing artificial-intelligence investment as helping offset higher energy costs linked to the Middle East conflict.
  • The IMF forecast growth of 2.3% in Latin America and the Caribbean in 2026 and 2.5% in 2027, lowering both projections because most countries are gaining little from the technology boom.
  • The IMF lowered Brazil’s growth forecasts to 2.2% in 2026 and 1.9% in 2027, citing high interest rates, reduced government support and global uncertainty.
  • The IMF warned that prolonged conflict and disruptions to energy supplies and shipping could increase inflation and borrowing pressures.
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The IMF indicates that Asian economies will experience slower growth, falling below 5% this year, a consequence of the war driving up energy costs and inflation. It recommends that all nations accelerate debt reduction. Meanwhile, Thailand's Ministry of Finance continues to support SMEs in targeting the ASEAN market of 700 million people.

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wealthiertoday.com broke the news on Monday, October 12, 2026.
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