Economic pain from Iran war will hit poor countries hardest, officials say
IMF/World Bank spring meetings hear warnings that some developing countries may require additional lending
IMF/World Bank spring meetings hear warnings that some developing countries may require additional lending

Poorer countries face a triple whammy of crises in fuel, food and remittances

Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices

Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy

Central bankers and economists prepare to meet in Washington to assess conflict’s damage

Conflict will intensify the mounting global debt and inflation risks

Wave of inflation will persist as higher fuel prices feed through into businesses