Tourism-dependent countries to be most impacted by Middle East conflict, IMF warns
WASHINGTON, United States (CMC) — Nigel Chalk, the Director of the Western Hemisphere Department at the International Monetary Fund (IMF), says Washington is "deeply concerned" that tourism-dependent Caribbean economies will be hardest hit by rising oil prices due to the ongoing Middle East conflict. “Their debt is high, their fiscal space is small, and they’re quite large net energy importers, despite investments that have been made in these countries in...
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