“We are closely monitoring how the situation develops, how it affects, especially the oil markets”
The Director General of the International Monetary Fund (IMF), Kristalina Georgieva, today described the conflict as “sad” of Israel with Hamas and estimated that this threatens to tarnish the already “lukewarm” global economic outlook.
“We are closely monitoring how the situation develops, how it affects, especially the oil markets”Georgieva said, noting that there are some fluctuations in oil prices and market reactions, but it is too early to predict the economic impact.
“In short, this is a new cloud on the not-so-safe horizon for the global economy, a new cloud that darkens the horizon and, of course, that was not needed,” Georgieva told a news conference at the annual meetings of the IMF and World Bank.
