Countries locked into IMF austerity programs are also around twice as vulnerable to economic fallout from war against Iran
12 October 2026
Countries locked into International Monetary Fund (IMF) austerity programs are also, on average, around twice as vulnerable to the economic fallout from the US and Israel’s war against Iran and the escalating climate crisis, reveals new Oxfam analysis ahead of the World Bank and IMF Annual Meetings in Bangkok, Thailand.