Washington, April 20 (IANS) Asia’s growth remains resilient, but a surge in oil and gas prices driven by the Middle East conflict is raising risks for inflation and external balances, the International Monetary Fund (IMF) said.“Asia entered 2026 on a solid footing with growth remaining resilient despite the region bearing the brunt of US tariffs and heightened uncertainty,” Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, said at a press briefing during the Spring M…
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Jakarta, April 18 (IANS) The International Monetary Fund (IMF) has called on the Philippines to adopt a more targeted fiscal response to its ongoing energy crisis, warning that limited budget buffers constrain the government’s ability to provide broad economic support, especially to the vulnerable sectors, local media reported on Saturday. According to local media reports on Saturday, Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, said at a press conference recently that …