IMF Chief: Mideast Growth to Slow in 2024 on Oil Cuts, Gaza

International Monetary Fund Managing Director Kristalina Georgieva attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, Jan. 17, 2024. Georgieva warned, Feb. 11, 2024, of a potential wider impact on regional economies of continued conflict in Gaza.

The International Monetary Fund said on Sunday Middle East economies were lagging below growth projections due to oil production cuts and the Israel-Gaza conflict, even as the global economic outlook remained resilient.