Economic situation: IMF boss: AI boom supports global economy – Asia can benefit

Bangkok. According to estimates by the International Monetary Fund (IMF), the global economy will continue to grow at around three percent. High investments in the infrastructure for artificial intelligence (AI) are an important driver, said IMF boss Kristalina Georgiewa on Monday in Bangkok, where the financial organization's autumn meeting is taking place this week.

Asian economies such as China, India and Thailand, which, alongside the USA, supply the corresponding hardware, are particularly likely to benefit. The boom could increase growth in the more economically developed countries of Asia by half to a full percentage point. This is likely to result in an increase of 0.2 to 0.8 percentage points in the continent's emerging countries.

The IMF plans to publish its new forecasts for the global economy and the most important countries on Tuesday. High energy prices caused by the war in the Middle East started by the USA had recently put a strain on the global economy. In July, the IMF forecast global growth of 3.0 percent for this year, which is expected to increase to 3.4 percent in 2027.