ContextStatement by the Governor of the Saudi Central Bank at the plenary session of the IMF's International Monetary and Financial Committee, during the IMF–World Bank Spring Meetings in Washington.
Why it mattersGives the view of the region hit hardest by the Middle East conflict.
Problems raised
The Middle East conflict is a new shock to the global economy.
Energy supply and infrastructure are at risk.
Vulnerable regional economies face spillovers.
Solutions proposed
Make reliable oil and gas supply part of long-term policy.
Let the IMF act as a regional stabiliser with tailored financing.
Provide credible IMF analysis and advice to members.
