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IMF chief urges nations to 'do no harm' in fiscal response to Iran war

Political Leaning Analysis
Left Center Right
Score: -0.36 • Leans Left

The International Monetary Fund's chief urged governments on Thursday to "do no harm" as they face the massive economic shocks caused by the Middle East war, calling for "targeted" and disciplined fiscal actions.In an interview with AFP, Managing Director Kristalina Georgieva said the shocks of a surge in energy prices and supply chain disruptions "inevitably bring pain.""There is no way around it," she said, pointing to the effects on the most vulnerable on the planet, particularly those in low-income countries with limited budgets to take on the crisis.