International Monetary Fund: Middle East war will lead to economic growth slowdown and inflation intensification.
The President of the International Monetary Fund, Georgieva, stated that the war in the Middle East will lead to a worsening of inflation and a slowdown in global economic growth. Georgieva said that without this war, growth expectations could have been slightly raised. But now, all signs indicate rising prices and slowing economic growth. If the war continues, the impact on inflation and economic growth will be even greater. She stated that the International Monetary Fund has received requests for financial assistance from several countries and that the organization can increase some existing loan programs to meet the needs of these countries. The International Monetary Fund plans to release new global economic forecasts next week.
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