IMF Warns Iran War to Slow Global Growth Despite Ceasefire
The International Monetary Fund (IMF) has warned that the ongoing war in Iran is expected to slow global economic growth, even if a recently announced ceasefire holds. IMF Managing Director Kristalina Georgieva stated that the conflict has led to a downgrade in the global growth forecast, which was previously set to be upgraded. The war has disrupted energy supplies, increased oil and gas prices, and affected global trade, particularly in energy and agriculture sectors. The IMF's revised forecast will be released next week during the IMF-World Bank spring meetings.