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IMF chief Kristalina Georgieva warned that all indications now point to higher prices and lower economic growth, explicitly linking this outlook to the ongoing conflict in the Middle East.
IMF Chief Warns: 'Even if the war stops tomorrow, many will feel the effect. Some have already asked for help...'
Global economic resilience was being tested yet again by the latest war in the Middle East, Kristalina Georgieva, the head of the International Monetary Fund (IMF), warned Thursday...
The ongoing Middle East war is causing supply chain disruptions across Asia, leading to shortages of various goods, while the IMF chief warns of higher prices and slower global growth as a consequence.
IMF Managing Director Kristalina Georgieva, visiting Japan, expressed strong concern that the escalating Middle East situation could lead to rising energy prices, accelerate inflation, and damage global economic growth if prolonged.
Global economic resilience 'tested yet again' by Mideast war: IMF chief The Daily Star
Middle East war means 'all roads' lead to higher prices, slower growth, IMF chief says Reuters
Global economic resilience 'tested yet again' by Mideast war: IMF chief The Daily Star