The heads of the International Monetary Fund (IMF), World Bank Group (WBG), and World Food Programme (WFP) have issued a joint warning over the sweeping economic and food security consequences of the ongoing war in the Middle East, cautioning that its effects are already widespread far beyond the region.
In a joint statement issued on Wednesday April 8,2026, the three institutions described the conflict as having triggered “one of the largest disruptions to global energy markets in modern history,” with sharp increases in oil, gas, and fertiliser prices compounded by transport bottlenecks expected to drive food prices higher and deepen food insecurity worldwide singling out low-income, import-dependent economies as bearing the heaviest burden of the crisis.
The IMF, WBG, and WFP however assured that the three institutions would continue to monitor the situation closely and coordinate the deployment of all available tools to support those affected.
They also pledged to protect lives and livelihoods while laying the groundwork for a resilient recovery anchored in stability, growth, and job creation.
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