Middle East tensions will increase inflation worldwide: IMF warns

54

New York: International Monetary Fund (IMF) Managing Director Kristalina Georgieva has said that the Israeli-Palestinian conflict is hurting global oil markets, which will increase inflation worldwide.

According to media reports, while addressing the annual meetings of the IMF and the World Bank in Morocco, Kristalina Georgieva said on the Israel-Hamas war situation that the Israel-Palestine conflict is darkening the economic scenario, the situation should be prevented from worsening.

The IMF and the World Bank say that the global economic system is already suffering from problems, the conflict is hurting global oil markets, which will increase inflation.

The IMF managing director said that it is too early to assess the impact of the conflict between Israel and Hamas.

IMF Managing Director Kristalina Georgieva has said that the Israeli-Palestinian conflict is damaging the global oil markets, which will increase inflation worldwide. During her speech at the annual meetings in Morocco, Kristalina Georgieva said the Israel-Hamas war situation. But he said that the Israeli-Palestinian conflict is darkening the economic scenario, the situation should be prevented from getting worse. He says that the global economic system is already suffering from problems, the conflict is causing damage to the global oil markets, which will increase inflation. Hanna said it was too early to assess the impact of the conflict between Israel and Hamas.

Leave A Reply

Your email address will not be published.