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IEA, IMF, World Bank Form Coordination Group to Address Mideast War Impact
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The International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank (WB) will form a coordination group to maximize their institutions’ response to the significant economic and energy impacts of the war in the Middle East. In the joint statement, the three global institutions noted that the current war has caused major disruptions in the region and triggered a major supply shortages in global energy markets. At these times of high uncertainty, it is paramount that the three institutions join forces to monitor developments, and coordinate support to policymakers to navigate this crisis. Auto-translated by AI AASTOCKS Financial News |
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