IMF Chief Warns World Is Ill-Equipped to Counter Iran War Risks

The International Monetary Fund is poised to cut its forecasts for global growth as a result of the war in Iran, and sees danger in a world economy that’s ill-equipped to respond to shocks, the Fund’s chief said in an interview Tuesday.

Before the US-Israeli attack on Iran, “we were on the way of upgrading our growth projections for 2026,” Kristalina Georgieva told Bloomberg News in Washington. “Given the impact of the war, we are going to downgrade them.”