World Bank, IMF, IEA form group to tackle war shocks
New Delhi, April 3 -- The World Bank, 'International Monetary Fund (IMF) and International Energy Agency (IEA) have set up a coordination group to "maximize" the response to energy shocks and economic disruptions triggered by the West Asia war, particularly in emerging economies.
The impact of the conflict is "substantial", disproportionately affecting net energy importers and low-income countries, the World Bank said in a statement on Thursday. The multi-agency group will advise governments on measures to cushion the fallout.
The group will coordinate a response that "may include targeted policy advice, assessment of financing needs and provision of financial support, including concessional financing, and use of risk-mitigation tools as ap...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.