IMF ready to support Central Asia in mitigating effects from sanctions against Russia

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By Trend International Monetary Fund stands ready to support Central Asian countries in mitigating possible economic effects from anti-Russia sanctions, Jihad Azour, Director of the International Monetary Fund’s (IMF) Middle East and Central Asia Department, told Trend. Azour noted that Central Asian countries are likely to feel longer-term impact from increased uncertainty and geopolitical factors in the face of anti-Russia sanctions. He said countries that export commodities such as oil, gas, and metals including gold, will benefit from higher prices for those exports, which should strengthe…

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