IMF Outlines World Economic Outlook at 2026 IMF-World Bank Group Annual Meetings in Thailand

Silvana Tenreyro, Director of the International Monetary Fund’s Research Department, outlined the global economic outlook at the 2026 IMF–World Bank Group Annual Meetings, taking place in Bangkok, Thailand, from 12 to 18 October.

She noted that the global economy remains resilient, with growth projected at 3.5% in 2025, 3.1% in 2026, and 3.4% in 2027. However, this resilience is becoming increasingly uneven and costly as geopolitical tensions continue to disrupt trade and energy supplies. While strong investment in artificial intelligence (AI) and digital infrastructure has helped sustain growth, many economies face higher import costs and weaker demand. The global economy’s capacity to absorb repeated shocks is not unlimited.

The outlook will depend on several key factors, including the evolution of geopolitical tensions, the productivity gains and profitability associated with AI, and concerns over fiscal sustainability.

To promote sustainable growth, countries should maintain price stability through appropriate monetary policies and ensure that any support measures are temporary and targeted at the most vulnerable. Safeguarding central bank independence is also essential to achieving inflation targets and supporting medium-term growth.

She further stressed the importance of rebuilding fiscal buffers, safeguarding financial stability, fostering private-sector dynamism, and strengthening supply-side resilience. The key challenge, she concluded, is to move beyond coping with economic shocks and focus on rebuilding stronger foundations for sustainable long-term growth.

Source: PR Thai Government