In an update to its World Economic Outlook titled “Global economy: stable amid divergent forces,” the IMF raised its projection for world growth to 3.3 per cent in 2026. The upgrade reflects stronger-than-expected activity in the United States and China, which together account for a large share of the global upgrade, while growth remains uneven across regions. The IMF cautions that downside risks — including inflationary pressures, elevated debt levels and investment shortfalls — could yet temper the outlook, underscoring the need for prudent fiscal and monetary policy to sustain the recovery.