IMF director Zeine Zeidane stated on June 22, 2026, that the fallout from the war in the Middle East, specifically involving Iran, is creating a 'difficult moment' for Africa. Speaking at the IMF's headquarters in Washington, Zeidane noted that even with a ceasefire in place, the economic disruption will persist.
'We are now in a difficult moment for the region, in particular after the war in the Middle East,' Zeidane told reporters. He emphasized that the conflict has exacerbated existing challenges such as high food and energy prices, debt burdens, and climate shocks across the continent.
The IMF has been monitoring the impact of the Iran conflict on global markets, including supply chain disruptions and increased volatility in commodity prices. Zeidane's comments come amid ongoing efforts by the IMF to provide financial support to African nations affected by the crisis.
