Gorgiva praises Iran-US deal

International Monetary Fund Managing Director Kristalina Georgieva welcomed the Washington and Tehran agreement to end the war in the Middle East and reopen the Strait of Hormuz, noting that the global economy remains resilient despite rising commodity prices and inflation. She emphasized that escalating conflict could pose a risk to global growth, as the Fund awaits an update to its forecasts in July, with projections of growth between 2.5% and 3.1% for 2026 based on various scenarios.

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