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The International Monetary Fund (IMF) has increased its growth forecasts for India and ASEAN-5 economies in its latest World Economic Outlook, with upgrades supported by advancements in artificial intelligence and high-tech investments.
Anas Alhajji shared the update, noting that the IMF now projects global economic growth at 3.1% in 2026, slightly higher than the previous 3.0% forecast.
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Alhajji has previously highlighted recession risks linked to events in Hormuz and Saudi Arabia, citing ongoing weak global economic growth. In a separate analysis, he explained that oil prices stayed near $100 even as oil flows through Hormuz increased. These earlier observations provided context for recent growth upgrades.