The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions.
It added that poor households across the world would suffer from the increase in food and fuel prices, as the Ukraine-Russia war persists.
The Washington-based Fund said this on Saturday in a press statement, which was titled ‘IMF Staff Statement on the Economic Impact of War in Ukraine’.
The statement read in part, “Countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions and are most affected by the increasing inflows of refugees.”