IMF: Any Further Disruption To Energy Production And Trade Routes Could Lead To Higher Energy Prices
Baghdad / NINA /- The International Monetary Fund (IMF) confirmed on Thursday that the region’s output is projected to contract by 1.3% as a result of the impact of the war.
In a statement, the IMF noted that the region’s output is expected to shrink by 1.3% due to the war’s effects on energy, shipping, and trade, pointing to an "extraordinary level of uncertainty" that is casting a shadow over the economic outlook.
The statement added that any further disruption to energy production or trade routes could lead to a rise in energy prices and a weakening of economic growth./ End
ليصلك المزيد من الأخبار اشترك بقناتنا على التليغرام
In a statement, the IMF noted that the region’s output is expected to shrink by 1.3% due to the war’s effects on energy, shipping, and trade, pointing to an "extraordinary level of uncertainty" that is casting a shadow over the economic outlook.
The statement added that any further disruption to energy production or trade routes could lead to a rise in energy prices and a weakening of economic growth./ End
ليصلك المزيد من الأخبار اشترك بقناتنا على التليغرام
