Israel attacked Gaza on Sunday, a day after suffering its bloodiest incursion in decades, when Hamas fighters rampaged through several cities, killing hundreds of people and kidnapping an unknown number of others, threatening a new major war in the Middle East.
He International Monetary Fund (IMF) declared on Sunday that he is closely following developments in Israel and Gazaand that it is too early to assess any economic impact.
“We are deeply saddened by the loss of human life. We are closely following this worrying situation,” declared a IMF spokesperson adding that it was too early to say anything about the economic consequences of what happened over the weekend.
Israel attacked Gaza on Sunday, a day after suffering its bloodiest raid in decades, when Hamas fighters rampaged through several cities, killing hundreds of people and kidnapping an unknown number of others, threatening a new major war in the Middle East.
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The role of the IMF in the war between Russia and Ukraine
The IMF had and currently has a leading role in another armed conflict such as that between Russia and Ukraine. In principle, Ukraine requested a loan from the IMF of US$15,000 million to be able to face the high war costs in the midst of a economy that was surpassed.
The IMF’s four-year program to Kyiv It is part of a $115 billion global package to support the economy as Ukraine fights the Russian invasion.
The ukrainian economy It has been affected by the war, which has now lasted 19 months, and the government has relied heavily on Western aid to finance social and humanitarian payments.
The government has stated that Ukrainian companies have adapted to the new war reality and that the economy has recovered this year more quickly than expected.
According to official statistics, GDP grew by 19.5% in the second quarter of the year compared to the same period of the previous year. The Ministry of Economy expects the economy to grow around 4% this year and up to 5% next year.
Ukraine has already received some US$3.6 billion from the IMF so far this year, according to data from the Ministry of Economy.
Source: Ambito
