Pakistan Faces up to $68 Bn Economic Hit if Middle East War Escalates: Report
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3 Articles
Pakistan faces up to $68 bn economic hit if Middle East war escalates: Report
New Delhi, May 7 (SocialNews.XYZ) Pakistan could face an economic shock of up to $68 billion if the conflict in the Middle East persists and the Strait of Hormuz remains closed for an extended period, according to a presentation by the Policy Research Institute of Market Economy (PRIME) to the National Assembly Standing Committee on Finance. The report cited by Business Recorder outlined three possible scenarios to assess the economic fallout of…
Middle East War Threatens Africa's GDP Growth and Food Security
NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/middle-east-war-threatens-africas-gdp-growth-and-food-security/Africa faces a loss of up to 0.2 percentage points of gross domestic product growth in 2026 as the Middle East conflict drives energy and fertiliser prices sharply higher, with the continent’s median inflation rate projected to reach 5 percent by year-end, according to the latest Global Eco…
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