
The Middle East conflict impacts the global economy, and the IMF will revise down its growth forecast

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International Monetary Fund (IMF) President Kristalina Georgieva stated that due to the impact of the Middle East war, the IMF will revise down its global economic growth forecast, expecting to provide $50 billion in emergency aid, and at least 45 million people will face food shortages. The conflict has led to soaring energy costs, damaged infrastructure, and declining market confidence, with low-income energy-importing countries being hit harder. The IMF also expects a revision upward of the overall global inflation
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