IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027 - The Straits Times

IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027  The Straits Times

IMF chief Georgieva warns of 'much worse outcome' if Middle East war drags into 2027

The IMF issued three scenarios for global GDP amid uncertainty over the war in the Middle East: the main "reference forecast," a middle "adverse scenario," and a much worse "severe scenario."

IMF chief warns of 'much worse outcome' if war drags into 2027

WASHINGTON (Reuters) -- The head of the International Monetary Fund on ‌Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel. IMF Managing Director ‌Kristalina Georgieva said the continuation of the war meant that the global lender's "reference scenario" assuming a short-lived conflict -- which forecast a minor growth slowdown to 3.1 percent and a minor

By The Korea Herald

IMF chief warns of 'much worse outcome' if war continues into 2027

The International Monetary Fund's (IMF) chief warned on Monday that inflation was already picking up and that the global economy might face a 'much worse ⁠outcome' if the war...

Is the IMF Complicit in Bank of Ghana’s Massive 2025 Losses? – IERPP

The Bank of Ghana’s 2025 financial statements confirm an operating loss of GH¢34.9 billion for the year (inclusive of other comprehensive income losses), compared with GH¢9.49 billion in 2024. These figures raise serious questions about the Central Bank’s explanation that the losses represent “the cost of maintaining economic stability.” Stability is important, but it cannot become a blanket justification for large financial losses without clear explanation. The central question is simple: c...

By Isaac Yeboah