The International Monetary Fund expects to have to provide up to $50 billion in immediate financial assistance to countries affected by the Middle East war, its managing director said on Thursday, with the crisis likely to have lasting economic effects.
“Given the spillovers of the Middle East war, we expect near-term demand for IMF balance-of-payments support to rise to somewhere between $20 billion and $50 billion, with the lower bound prevailing if the ceasefire holds,” Kristalina Georgieva said, according to prepared remarks shared with AFP.
The IMF chief also highlighted the ripple effects of the crisis, including food insecurity for at least 45 million people.
Interest free? I don’t think so!!! They killed Ceausescu when he paid off his loan and refused to borrow money again, they killed Muammar Gaddafi when he tried to create a lending organization for his geographic area, I am sure they committed lots of other crimes. This guys are Rothschild Rockefeller vultures.