The International Monetary Fund (IMF) is "seriously considering" boosting its loans to Egypt as the economic impact of Israel's war on Gaza takes hold, its chief has said. As well as obliterating Gaza's economy and devastating that of the West Bank, the war is also posing economic difficulty to neighbouring countries including Egypt, Lebanon, and Jordan, IMF’s Managing Director Kristalina Georgieva told Reuters on the sidelines of the Asia Pacific Economic Cooperation Summit. Loss of tourism and higher energy costs were going to prove especially difficult for these countries, Georgieva said. Georgieva did not say how much the loan might be increased by, or when this m
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