International Monetary Fund: Our immediate hope must be for the war to end - that would have the single most positive effect on the global recovery right now
<p>
<strong>An end to the conflict in Ukraine would become the most positive development for the recovery of the global economy at present, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday.</strong></p>
<p>
&quot;Our immediate hope must be for the war to end – that would have the single most positive effect on the global recovery right now,&quot; Georgieva told reporters. The IMF chief urged the international community to do everything in their power o help Ukraine and other countries that are affected by the current crisis.</p>
<p>
&quot;The IMF has already provided USD 1.4 billion in emergency financing to Ukraine, and set up a special account through which others can securely contribute,&quot; she said.</p>
<p>
Georgieva also noted that the IMF is working with other impacted countries, including Moldova, in order to mitigate the negative effects of the crisis that they are facing.</p>
<p>
<strong>Also Read: <a href="https://www.indianarrative.com/world-news/ukrainian-forces-turning-schools-into-bunkers-alleges-russia-165517.html">Ukrainian forces turning schools into bunkers, alleges Russia&nbsp;&nbsp;</a>&nbsp;</strong></p>
Trade associations and local business groups in Pakistan-occupied Gilgit-Baltistan (PoGB) launched an indefinite protest on…
A human chain and protest march was organized by various organizations in front of the…
The United States on Saturday announced the expansion of its security partnerships with India through…
Highlighting the use of indigenous platforms during Operation Sindoor, Chief of Defence Staff (CDS) General…
Congress MP Shashi Tharoor on Friday (local time) said that Colombia will issue a statement…
Minister for Electronics and Information Technology Ashwini Vaishnaw said on Friday that the government is…