Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand
The US-Israeli-led war with Iran, now in its eighth month, and the inflation and hardship it has caused will dominate the agenda and sideline conversations during the annual meeting.
Finance officials from around the world will convene in Thailand this week amid the backdrop of a widening Middle East conflict, a significant energy supply shock, and rising interest rates, all of which pose serious risks to global economic growth. The conflict between the US and Iran, now in its eighth month, and the associated inflation and hardship it has caused will be the main focus of discussions during the annual meetings of the International Monetary Fund and World Bank, which are being held in Thailand for the first time in three years.
US Treasury Secretary Scott Bessent will be absent, sending two senior officials instead, while he attends domestic engagements.
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