Economy

Israel-Hamas war is a new cloud on world’s economic horizon

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Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023.

Kevin Dietsch | Getty Images News | Getty Images

The head of the International Monetary Fund on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon of an already gloomy economic outlook.

“What we see is more jitters in what has already been an anxious world,” Managing Director Kristalina Georgieva told a panel hosted by CNBC’s Dan Murphy at the Future Investment Initiative Institute conference in Riyadh.

“And on a horizon that had plenty of clouds, one more — and it can get deeper.”  

Georgieva said that the economic…



Source cnbc.com

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