On Friday, the International Monetary and Financial Committee (IMFC), the IMF policymaking body, met as part of the IMF and World Bank Meetings.
"Conversations focused on how the Middle East war negatively impacts debt, trade, poverty, financial stability, and food and fuel prices.
"The focus on determining what the IMF and World Bank could do to ease the economic blows, especially for the poorest countries, was important.
"More measures to support countries should have been agreed upon to expand financing, aid and debt relief.
"Improving sovereign debt resolution processes remains on the IMF’s agenda, as members welcomed changes to make debt restructurings more expedient and transparent.
"We expect the war to impact the way that the IMF looks at debt sustainability for many members.
"IMF members agreed on the need to raise funds for securing the low-cost lending window so the IMF can meet demand."
Read the IMFC Chair's full statement here.
Read Jubilee USA's statement on the G20 ministerial meeting here.
Read Jubilee USA's press release on the WEO and GFSR here.
Read Jubilee USA's statement on the IMF Global Financial Stability report here.
Read Jubilee USA's statement on the IMF World Economic Outlook report here.
Read Jubilee USA's press release on IMF chief Kristalina Georgieva's curtain-raiser speech here.
Read more about Jubilee's Spring Meeting events here.