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Today's Paper | May 15, 2026

Published 31 Oct, 2024 05:54pm

Mideast conflicts to leave ‘lasting scars’: IMF

Gaza, Lebanon and Sudan will take decades to recover from the conflicts raging on their soil, the International Monetary Fund has said after downgrading the region’s growth forecast, Reuters reports.

Israel’s military actions against Hamas in the Gaza Strip and Hezbollah in Lebanon, and Sudan’s civil war would have enduring impacts, the IMF said.

“The damage caused by these conflicts will leave lasting scars at their epicentres for decades,” the global lender said in a statement.

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