IMF says projections assume 'high intensity' of Gaza war will last through Q1 of 2024

IMF says projections assume 'high intensity' of Gaza war will last through Q1 of 2024
  • Country:
  • Lebanon

The International Monetary Fund said its projections assumed that the Gaza war would continue with "high intensity" through the first quarter of 2024.

It said "real GDP growth in (the) West Bank and Gaza is estimated to have dropped to about –6 percent" for 2023, a 9-percentage-point downgrade from the October regional outlook.

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