IMF Chief Warns of Global Economic Impact if West Asia Conflict Extends to 2027

Kathmandu. International Monetary Fund chief Kristalina Georgieva has indicated that if the ongoing war in West Asia extends until 2027, there is a possibility of a more serious impact on the global economy.Speaking at an event organized in Washington D.C., she signaled that oil prices could reach up to 125 US dollars per barrel, which would further increase inflation.According to her, in such a situation, not only will inflation increase, but the confidence in price stability in the future may also weaken.The International Monetary Fund has already placed the current situation under a 'adverse scenario', which includes aspects such as...