US EditionIMF's Georgieva Expects War to Trigger Demand for up to $50 Bln in Fund ...
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15 Articles
IMF may lend $50b to war-hit nations
The International Monetary Fund (IMF) expects to have to provide up to $50 billion in immediate financial assistance to countries affected by the Middle East war, its managing director said on Thursday, with the crisis likely to have lasting economic effects. "Given the spillovers of the Middle East war, we expect near-term demand for IMF balance-of-payments support to rise to somewhere between $20b and $50b, with the lower bound prevailing if t…
IMF flags up to $50 billion funding demand as war shock hits global supply chains
IMF chief Kristalina Georgieva warns the West Asia war could drive $20–50 billion in funding demand, as energy shocks and supply disruptions force a downgrade in global growth outlook.
The managing director of the institution, Kristalina Georgieva, emphasizes that it is necessary to continue "in the collective search for efficiency and energy diversification" and calls for coordinated actions among countries that "do not throw gasoline into the fire" The IMF warns that vulnerable households will endure the "heaviest burden" of the war in Iran The managing director of the International Monetary Fund (IMF), Kristalina Georgieva,…
IMF Expects War To Trigger Fund Support For Up To $50 Bln
International Monetary Fund chief Kristalina Georgieva on Thursday said the global lender expected near-term demand for IMF financial support to rise to between $20 billion to $50 billion as a result of spillovers from the war in the Middle East. Georgieva said the now-paused war was testing the global economy, with a 13% cut in […] The post IMF Expects War To Trigger Fund Support For Up To $50 Bln appeared first on StratNews Global.
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