The IMF kept its 2026 global growth forecast at 3.1%, but says growth now leans heavily on AI investment while energy and food prices rise. Interest rates may stay high for longer, so government borrowing costs could climb. Thailand's finance minister named three pressures: imported oil prices hitting living costs, companies reshuffling supply chains away from geopolitical blocs, and rising bond yields that make government borrowing dearer. No specific policy change for SMEs was announced. For planning, keep cash buffers and reduce debt where possible, and watch fuel and supply-chain costs over the coming year.