IMF warns: 'biggest' risk to Asia’s economies isn’t over
The International Monetary Fund (IMF) warned that the biggest risk to Asia’s economies is a prolonged war and renewed disruptions to energy production and shipping routes. Jihad Azour, IMF's director for the Middle East and Central Asia, stated that existing buffers against energy shocks are depleting, impacting macroeconomic stability. The situation's outlook hinges on the normalization of energy production and trade.