The head of the IMF on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon of an already gloomy economic outlook.
"What we see is more jitters in what has already been an anxious world," IMF Managing Director Kristalina Georgieva told a panel hosted by CNBC's Dan Murphy.
The head of the International Monetary Fund on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon of an already gloomy economic outlook. "It is terrible in terms of economic prospects for the epicenter for the war," she said." negative impact on the neighbors: on trade channels, on tourism channels, cost of insurance.""Uncertainty is a killer for tourists inflows. Investors are going to be shy to go to that place," she said.
Georgieva's assessment that the war is adding to a sense of"a more jittery world, more anxiety in the world" was felt by other senior business figures at the FII conference.
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