War-torn global economy needs IMF emergency assistance

  • Thread starter Thread starter Ivana Vasić-Lalović and Michael Galant, opinion
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Ivana Vasić-Lalović and Michael Galant, opinion

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The U.S.-Israeli war on Iran has caused a major supply shock in the global energy market, disproportionately affecting energy importers, and the IMF has the power to provide relief by issuing hundreds of billions of dollars worth of liquid reserve assets called Special Drawing Rights (SDRs) to its member countries.

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