The Director General of the International Monetary Fund, Kristalina Georgieva, said that the war in Gaza will have economic repercussions on Egypt, Lebanon and Jordan.
She explained, during a session at the “Future Investment Initiative” forum, held in Riyadh, that there are changes in the “Monetary Fund’s” directions after the pandemic, and “our policies will focus on prevention and protection of the international economy.”
She added: “There must be proactive steps for any growth plans, and there must be good use of new financial policies,” noting that the IMF “has begun building a strong financial system to confront crises.”
She said that interest rates will continue for a long time, and that dealing with inflation will be costly next year.
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The Monetary Fund: The war will have economic repercussions on Egypt, Lebanon, and Jordan