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Story summary
- The International Monetary Fund (IMF), led by Kristalina Georgieva, IMF managing director, is prepared to assist countries facing balance of payments issues amid Middle East uncertainty.
- Georgieva noted a rise in demand for IMF programs as foreign aid declines.
- She highlighted concerns for vulnerable Pacific Island nations and low-income countries with high debt levels.
- Georgieva warned that a sustained 10% rise in energy prices could raise inflation and slow growth.
