IMF, World Bank chiefs warn of global impacts from Ukraine war

IMF, World Bank chiefs warn of global impacts from Ukraine war

WASHINGTON: The leaders of the World Bank and IMF signaled Thursday they were ready to help Ukraine, while warning that Russia’s invasion will have repercussions for the global economic recovery.

IMF Managing Director Kristalina Georgieva said she was “deeply concerned” about the fighting’s impact on the people of Ukraine, and cautioned in a tweet that the conflict “adds significant economic risk for the region & the world.”

The International Monetary Fund continues to assess the economic impact, but will “stand ready to support our members as needed,” she said….

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