IMF to Cut Global Growth Forecast, Offer Aid to War-Affected Nations
The International Monetary Fund announced plans to reduce its global growth forecast due to spiraling energy costs, supply disruptions, and market confidence loss, while also preparing up to $50 billion in aid for war-hit countries.
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IMF to cut global growth forecast due to Middle East war - The Straits Times
IMF to cut global growth forecast due to Middle East war The Straits Times
Read full article →IMF To Cut Global Growth Forecast, War-Hit Nations To Get Up To $50 Billion
IMF managing director Kristalina Georgieva said that -- even in the fund's "most hopeful scenario" -- spiraling energy costs, infrastructure damage, supply disruptions and a loss of market confidence meant growth would be less than expected.
Read full article →IMF to provide vulnerable economies hit by Iran war up to $50bn
The IMF is set to provide up to $50bn in financial assistance to vulnerable economies impacted by the Middle East war, addressing economic and food securit Read More: https://punchng.com/imf-to-provide-vulnerable-economies-hit-by-iran-war-up-to-50bn/
By Punch Newspapers
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