Head of IMF calls for focus on conflict-torn Yemen and Sudan | Global News

International Monetary Fund chief Kristalina Georgieva has urged the world to pay attention to the war-ravaged countries of Yemen and Sudan, which often get overshadowed by more high-profile conflicts. During a press conference, Georgieva highlighted the suffering in these nations, emphasizing that all members of the Fund deserve support and attention, regardless of the visibility of their conflicts.

Despite the ongoing civil wars in Yemen and Sudan, Georgieva also noted the resilience of economies in the Middle East, praising countries like Jordan and Egypt for their strength. The IMF has revised its growth forecast for the region slightly downward, citing the impact of various conflicts and crises.

Georgieva also commended Argentina for its progress in reducing inflation and Latin American governments for effectively managing their economies. She emphasized the importance of fiscal restraint in preparing for future crises, urging governments to focus on increasing tax revenues to invest in combating global warming.

The IMF’s annual report on the global economy predicts a growth rate of 3.2 percent this year, slightly higher than previous estimates. Georgieva stressed the need for a balanced approach to fiscal policy, taking into account the unique circumstances of each country.

As the world faces ongoing challenges and uncertainties, Georgieva’s call for attention to the suffering in Yemen and Sudan serves as a reminder of the importance of supporting all nations in their time of need.