IMF official calls on international community to bring end to Lebanon conflict

The head of the IMF’s Middle East and Central Asia department urged the international community to end the conflict in the Middle East and address the humanitarian crisis, especially in Lebanon and the Palestinian territories, where massive destruction has devastated economies. The IMF slightly downgraded economic growth estimates for the region, with Lebanon facing negative growth due to recent conflict with Israel. Countries indirectly affected, like Jordan and Egypt, have also felt the impact, with Egypt experiencing a decline in Suez Canal revenues and Jordan suffering from decreased tourism. The IMF is focused on providing support for immediate concerns and promoting regional cooperation for post-conflict reconstruction efforts.

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