IMF, World Bank and IEA aim to have calls every two weeks to assess war's impact

International Monetary Fund chief Kristalina Georgieva said global institutions plan biweekly calls to monitor energy market disruptions from the Middle East conflict. She also urged countries not to hoard oil or restrict exports to avoid worsenin...

IANS

IMF, World Bank and IEA aim to have calls every two weeks to assess war's impact


Washington: ​The International Monetary ​Fund, World Bank ​and International Energy Agency are looking at having ‌regular calls ⁠every ⁠two weeks ​to discuss the disruption of global ​energy markets caused by the war ​in the Middle ⁠East, IMF ‌chief Kristalina ​Georgieva ​said on ⁠Tuesday.

Georgieva, speaking on the sidelines ​of the spring ​meetings of the IMF and World Bank in Washington this week, ‌urged countries to avoid building up ​their ​own oil ⁠reserves and blocking exports of petroleum products. "Don't make the ​supply shocks worse," she said.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › World News › IMF, World Bank and IEA aim to have calls every two weeks to assess war's impact
Text Size:AAA
Success
This article has been saved

*

+