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IMF Spending Cut Mandates Leave Emerging Economies Twice as Vulnerable to Middle East Oil Shocks

IMF Spending Cut Mandates Leave Emerging Economies Twice as Vulnerable to Middle East Oil Shocks

Washington, Monday, 12 October 2026.
New analysis shows developing nations under IMF austerity face double the risk from Middle East war shocks, as mandated budget cuts severely limit their ability to protect citizens.