IMF Chief Warns of 'Worse Outcome' if Middle East War Continues to 2027
IMF chief Kristalina Georgieva issued a warning that the global economy could face a 'much worse outcome' if the Middle East conflict extends into 2027. Her statement highlights concerns over the prolonged impact of geopolitical instability.
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IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027 - The Straits Times
IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027 The Straits Times
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WASHINGTON (Reuters) -- The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel. IMF Managing Director Kristalina Georgieva said the continuation of the war meant that the global lender's "reference scenario" assuming a short-lived conflict -- which forecast a minor growth slowdown to 3.1 percent and a minor
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