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#IMF

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    IMF chief warns poorer nations face mounting strain as conflict pushes prices higher

    The head of the International Monetary Fund has sounded the alarm over the intensifying economic pressure on lower-income countries, linking rising prices directly to the impact of ongoing conflict. The warning underscores growing concern about global financial stability, with South Africa and other developing economies likely to feel the effects. Full details of the specific remarks and data underpinning the alert have not yet been fully disclosed.