Wars impose deep and prolonged economic costs on countries, IMF research finds
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Source: The Manila Times
Published: 2026-04-09 23:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, World News, US Politics, Business & Economy
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Snippet:
WASHINGTON, D.C. — Wars cause large and persistent economic losses in countries where fighting takes place, with output declining by roughly 7% over five years on average, and economic scars lasting for more than a decade, the International Monetary Fund said in research released on Wednesday.
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