World Bank to aid countries hit by Middle East conflict

The World Bank will provide financial relief to countries facing high energy costs. This support aims to protect jobs and growth through fast policy financing.

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In a statement released from Washington on Thursday, the World Bank Group confirmed its commitment to supporting client governments facing economic disruptions caused by the conflict in the Middle East. The institution aims to mitigate the impact of rising energy costs and other fiscal challenges through specialized financial tools.

The World Bank Group logo is pictured on a wall at the International Finance Corporation office in Karachi, Pakistan. REUTERS/Akhtar Soomro/File Photo
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