IMF committee acknowledges conflicts risk but opts against j

The International Monetary Fund's steering committee failed to issue a joint communique on Friday amid disagreements over wars in the Middle East and Ukraine, opting instead for a statement from the body's chair that acknowledged the economic risks posed by the conflicts. International Monetary and Financial Committee "members discussed the global macroeconomic and financial impact of current wars and conflicts including the war in Ukraine, the humanitarian crisis in Gaza, as well as the shipping disruptions in the Red Sea," Saudi Arabia's Finance Minister Mohammed al-Jadaan, the body's chair, said in a statement.

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