IMF: conflict between Israel and Gaza increases uncertainty for the world economy

IMF: conflict between Israel and Gaza increases uncertainty for the world economy

The managing director of International Monetary Fund (IMF)Kristalina Georgieva, said on Saturday that the conflict between Israel and Loop It is “a tragedy”, with innocent civilians attacked, and adds uncertainty to the global economic outlook.

It is another source of uncertainty” for the World economyhe stated in a press conference, adding that it is still too early to evaluate the consequences of the conflict.

Speaking at a press conference after the meeting of the International Monetary and Financial Committee (IMFC), Georgieva has noted the need to find ways to prevent the loss of civilian life in Loop.

The Israeli Army has indicated to the population of the north of the Gaza Strip that they have until 4:00 p.m. local time (1:00 p.m. GMT) to move to the south of the enclave along a series of specific roads that, they assured, will not be bombed until that time.

The director of IMF has stressed that it is too early to evaluate the economic impact of the conflict but has stressed that it represents another source of uncertainty for the world economy affecting prices and markets.

We will have to see how long it lasts and with what intensity, he added. Georgievawho has wanted peace to return as soon as possible for the population and for the stability of the world economy.

(With information from EFE)

Source: Gestion

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