From AFP News Agency.

The International Monetary Fund expects to have to provide up to $50 billion in immediate financial assistance to countries affected by the Middle East war, its managing director says, with the crisis likely to have lasting economic effects. "Given the spillovers from the war, we expect near-term demand for IMF balance-of-payments support to rise to somewhere between $20 billion and $50 billion, with the lower bound prevailing if ceasefire holds," Kristalina Georgieva says. SOUNDBITE

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