Israel-Hamas conflict is hurting regional economies, IMF chief warns
People looking at the ruins of a building in Gaza (L) and Kristalina Georgieva, Managing Director, International Monetary Fund (R).—Reuters/File The ongoing conflict between Israel and Hamas is not only causing human suffering, but also straining regional economies, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday. Speaking at the Future Investment Initiative (FII) in Riyadh, Saudi Arabia, Georgieva highlighted the economic impact Israel’s neighboring countries are experiencing, particularly those dependent on tourism, such as Egypt, Lebanon and Jordan. The conflict erupted when Hamas, a Palestinian group, launched a surprise attack on Israel on October 7, resulting in
