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The International Monetary Fund (IMF) is concerned about the tragic loss of lives in the epicentre of the Israel-Gaza war and the destruction and reduction of economic activity, managing director Kristalina Georgieva said at an investment conference today, Reuters reports.
“What is happening in the Middle East is happening at a time when growth is slow interest rates are high and the cost of servicing debt has gone up because of COVID and war,” she said.
