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IMF Unable to Produce Joint Statement Due to Differences on Middle East and Ukraine Situation

On the 19th, the International Monetary Fund (IMF) was unable to produce a joint statement from the International Monetary and Financial Commission (IMFC) due to differences of opinion regarding the situation in the Middle East and Ukraine, and the IMF issued a statement chairman. instead the economic risks posed by the conflict were announced. Photograph taken in September 2018 (2024 Reuters/Yuri Gripas/File Photo)

[19日 ロイター] – The International Monetary Fund (IMF) was unable to draw up a joint statement from the International Monetary and Financial Commission (IMFC) on the 19th due to differences of opinion regarding the situation in the Middle East and Ukraine, and the IMF chairman expressed recognition of the economic risks caused by the conflict A statement was issued instead.

The chairman’s statement said, “We discussed the global macroeconomic and financial effects of wars and conflicts, including the war in Ukraine, the humanitarian crisis in Gaza, and the disruption of shipping in the Red Sea.” Although he said this was not true. the place to resolve security issues, he recognized that the global economy would be severely affected in this situation.”

Saudi Arabia’s Minister of Finance, Jadouane, who chairs the IMFC, said in a press conference that although the geopolitical fragmentation of the global economy has an overall negative impact, the diversification of supply chains that occurs as part of these trends recognize that the country benefits from this.

Speaking to reporters after the chairman’s statement, the Finnish Finance Minister, Riikka Pulla, noted that the Nordic countries were unanimous against adopting the joint statement, as it did not specifically mention Russia. “It was impossible to approve a joint statement that did not specifically and directly mention Russia, which is at war in Ukraine and has all kinds of economic influence around the world.”

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