US-Iran War: The ongoing war between US and Iran is not showing any sign of stopping. Due to this, the economy of the world has gone haywire. Everyone’s eyes are now only waiting for this war to stop. Meanwhile, there are also reports that this war is not going to end so quickly and easily. IMF Chief has given information about this. At the same time, while talking about the conflicts around the world amidst the war situation, he has said that this situation can worsen even more.
What did the IMF Chief say?
Recently, IMF Managing Director Kristalina Georgieva had come to Los Angeles to attend the Milken Institute conference. During his address, he talked about the war situation and said, ‘If the war in the Middle East continues for a long time, the situation will get worse. The economic growth projections made by the International Monetary Fund (IMF) three weeks ago are no longer relevant, because the ongoing long war in the Persian Gulf means that the growth rate will be low and inflation will increase.
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If the war drags on, the situation will get worse
Not only this, the IMF Chief warned on Monday that inflation is already increasing, and if the ongoing tension in the Middle East continues till 2027, then it will have to face huge losses. He also said that if oil prices reach around $125 per barrel, the entire world economy may have to face ‘very bad consequences’. He also said that the slight increase in inflation forecast earlier is not possible now. Inflation may increase significantly in the coming times.
Let us tell you that the war between Iran and America is going on since February 2026. In which Israel and America together attacked Iran, in which about 900 air strikes were carried out on military infrastructure and nuclear centers. These attacks were named ‘Operation Epic Fury’ by Israel and America. In which many big leaders and common people including Iran’s supreme leader Khamenei have lost their lives. After which Iran also retaliated. A situation of dialogue was created by stopping the conflicts, but this too was of no use.
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