IMF members call for increased support for countries facing risks and war spillovers
SPY•IMF member countries called for increased support to countries facing short-term financing challenges from war spillovers and high energy prices. The IMFC said economic risks remain tilted to the downside.
1. Members call for support
IMF member countries called for increased support to countries facing short-term financing challenges caused by war spillovers and high energy prices. In a statement after meeting in Bangkok, the International Monetary and Financial Committee said economic risks remain tilted to the downside.
2. Risks to trade and security
The statement said escalating conflicts and trade tensions could disrupt critical trade routes, add to commodity price pressures, including in refined energy products, and worsen energy and food security.
