The IMF downgraded global economic outlook due to ongoing conflicts, which are driving global economic assessments and affecting key fuel imports.
1 report, 1 independent
Updated Jun 21
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What happened
The IMF downgraded global economic outlook due to ongoing conflicts, which are driving global economic assessments and affecting key fuel imports.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- IMF assesses Philippine GDP growth outlook amid rising prices caused by attacks on Iran.Sub-event
- Amid a dollar crunch, the government led by Rodrigo Paz announced cuts to fuel subsidies during talks with the International Monetary Fund.Sub-event
IMF downgraded global economic outlook due to ongoing conflicts and resulting disruptions to key fuel imports.1 source
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The entities involved
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International Monetary Fund
international financial institution
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Philippines
archipelagic country in Southeast Asia
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- IMF warns advanced economies need debt reduction as conflict drives up oil prices and global inflation.
- The fallout from the ongoing Iran war in the Middle East is causing global oil prices to be impacted, drawing the concern of the International Monetary Fund.
- A state must conclude a new economic program with the International Monetary Fund, influenced by the global economic impact of the Middle East conflict.
- IMF is studying new US sanctions targeting Iran's partners amid ongoing Middle East conflict.
- The IMF warned about economic resilience and the necessity of policy changes.