The International Monetary Fund (IMF) managing director, Kristalina Georgieva, has said that if the war involving Iran continues until 2027 and oil prices remain at $125, conditions could deteriorate further.
In a statement, Georgieva said that the IMF's earlier forecast no longer corresponds with the present situation.
She added that the IMF had previously projected that the conflict involving the United States and Israel against Iran would lead to a slowdown in global economic growth and a modest rise in inflation.
