Director General of the International Monetary Fund, Kristalina Georgieva, confirmed that the war between “Israel and Hamas” negatively affects the economies of neighboring countries in the region.
“If you look at the neighboring countries – Egypt, Lebanon and Jordan – the impact is already clear,” Georgieva told the Future Investment Initiative held in Riyadh on Wednesday.
Georgieva’s statements came in the wake of leaders in the international banking sector warning that “the war between Israel and Hamas” could deal a strong blow to the global economy.
She continued: “What we see is more tension in a world suffering from anxiety,” noting that there are countries that depend on tourism, and that uncertainty is fatal to the flow of tourists.
She also continued: “Investors will feel hesitant to go to that place. The cost of insurance in the event of transporting goods will rise, in addition to the risks of having more refugees in countries that already host many.”
At dawn on October 7, Hamas and other Palestinian factions in Gaza launched Operation “Al-Aqsa Flood,” in response to “the continuing attacks by Israeli forces and settlers against the Palestinian people, their property, and their sanctities, especially Al-Aqsa Mosque in occupied East Jerusalem.”
On the other hand, the Israeli army launched Operation Iron Swords and continues to launch intensive raids on many areas in the Gaza Strip, which is inhabited by more than two million Palestinians who suffer from deteriorating living conditions.
TRT Arabic – Agencies
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2023-10-25 12:54:50
