Srilanka, July 9 -- The Heads of the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group (WBG), and World Trade Organization (WTO) met on July 7 as part of the high-level coordination group established in April to maximize their institutions' response to the energy, trade, and economic impact of the war in the Middle East. Following the meeting, they issued the statement below:
"We met to take stock of energy, trade, and economic developments, to discuss the situation in vulnerable countries, and to further coordinate our support to those in need.
"The global economy has been broadly resilient to the shock from the war in the Middle East, even as some economies have experienced a slowdown in growth and a...