A Brighter Outlook for the Netherlands
The Fund now expects the Dutch economy to expand by 1.5 percent this year and by 1.3 percent in 2027.

That is a clear step up from its July forecast, when it saw growth of just 1 percent for this year. The projection for next year stays the same at 1.3 percent.



The country began the year in a fairly strong position, according to earlier IMF assessments. Then the conflict in the Middle East pushed energy and fuel prices sharply higher. Inflation is likely to stay elevated for a while, with the IMF projecting 2.

9 percent for the full year, easing slightly to 2.8 percent next year.

Germany and the Wider World
The Netherlands is getting some help from its biggest trading partner.

Germany is showing signs of recovery, and the IMF now sees growth of 1.3 percent there this year, well above the 0.7 percent it predicted in July.

The German Bundesbank has also turned more upbeat lately. It points to heavy government spending, particularly on defense, and a pickup in demand for German exports.

Globally, the IMF expects growth of 3.

1 percent this year and 3.4 percent next year. It released the figures during its annual meeting in Bangkok, Thailand, this week.

Tenreyro said the outlook matches earlier forecasts, though this year's number is 0.1 percent higher than in July.

She credited two things for keeping the world economy steady.

First,.