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International Monetary Fund Director Kristalina Georgieva said on Friday that the Fund is “seriously considering” a possible increase in the $3 billion loan program for Egypt as a result of the economic difficulties resulting from the Israeli aggression on the Gaza Strip.

Georgieva added in an interview with Reuters, on the sidelines of the Asia-Pacific Economic Cooperation Summit, that the conflict is “destroying” Gaza’s population and economy and has “serious effects” on the economy of the occupied West Bank, and also poses difficulties for neighboring countries Egypt, Lebanon and Jordan through losses in revenues. Tourism and high energy costs.

Georgieva believes that the impact of the war on the global economy is very limited, but it may increase in the event of a long-term conflict.

Reuters