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IMF assesses global financial risks from potential Iran war fallout

The International Monetary Fund is analysing which economies may need emergency aid if the Israel-Hamas conflict escalates into a regional war with Iran.

WASHINGTON: The International Monetary Fund is running scenarios to gauge which economies could need fresh financing if the Israel-Hamas conflict escalates into a war with Iran, Bloomberg News reported on Wednesday.

The report, citing people familiar with the matter, said the IMF has asked its country desks to share analysis on areas from current account status to potential funding needs. This assessment is reportedly focused on nations with active financing programs from the fund.

The IMF’s internal exercise aims to identify vulnerabilities and prepare a potential response should a broader Middle East conflict disrupt global economic stability. Reuters could not immediately verify the report.

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