War comes at challenging time for economy; International Monetary Fund warns world economy faces new uncertainty from war between Israel and Hamas

Organization recognizes strong performance but expects slowdown while citing high inflation and controversial judicial plans, urges political solution

IMF cuts 2023 growth outlook, noting judicial uncertainty could lead to severe financial conditions, hamper investment and consumption; S&P set to affirm credit rating outlook

Fund's delegation fears country faces 'never-ending crisis,' as Beirut struggles to approve changes to unlock $3 billion conditional loan to salvage freefalling economy

IMF delegation arrives in Israel for a short introductory visit; Governor Amir Yaron says institutional independence vital for Israel's credit rating

Support granted in exchange for financial reforms; nation hit hard by pandemic and is world’s largest wheat importer, most of which came from Russia and Ukraine

State media says expansion will allow Cairo to open 'new financing channels with regional and international organizations,' assist in sealing preliminary $3 billion deal with IMF

Hours before announcement of agreement, central bank hikes key interest rates by 2%, implements more flexible exchange rate system, as Cairo commits to initiate reforms

Lebanon has yet to meet requirements it agreed to in April to receive a $3 billion loan necessary to jumpstart failing economy

Surging inflation, severe slowdowns in US, China prompt downgrade to outlook for global economy