The International Monetary Fund (IMF) has issued a statement expressing its concern over the degradation of the security context on the border between two neighboring countries. The IMF said that the escalating tensions and violence pose a serious threat to the stability and prosperity of the region, as well as to the global economy.
The IMF urged both parties to respect the ceasefire agreement signed in 2019 and to engage in constructive dialogue to resolve their differences peacefully.
The International Monetary Fund (IMF) has issued a statement reaffirming its commitment to assist the parties involved in the ongoing negotiations to reach a mutually beneficial agreement that would ensure economic stability and development.
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The IMF said that it stands ready to provide technical and financial support to the parties, as well as policy advice and capacity building, to help them address the challenges they face and achieve their economic objectives.
The IMF also urged the parties to engage in constructive dialogue and show flexibility and compromise, in order to reach a durable and sustainable solution that would benefit both sides and the region as a whole.
The IMF emphasized that a successful outcome of the negotiations would boost confidence, foster growth, create jobs, and improve living standards for the people of both parties.
The statement came after the IMF held a series of meetings with the representatives of both parties, as well as other stakeholders, to discuss the progress and prospects of the negotiations. The IMF said that it was encouraged by the willingness of both parties to work together and find common ground, despite the complex and sensitive issues involved.
The IMF also praised the efforts of the mediators and facilitators who have been instrumental in advancing the dialogue and building trust between the parties. The IMF said that it remains closely engaged with all parties and will continue to monitor the situation and provide its assistance as needed.
United Nations and other regional actors to facilitate a lasting solution to the conflict.
The IMF emphasized that the border dispute has negative impacts on the economic and social development of both countries, as well as on their ability to cope with the ongoing challenges of the COVID-19 pandemic.
The IMF said that it stands ready to provide technical and financial assistance to both countries, as well as to other affected countries in the region, to help them overcome the crisis and achieve inclusive and sustainable growth.
The International Monetary Fund (IMF) has issued a statement reaffirming its commitment to assist the parties involved in the ongoing negotiations to reach a mutually beneficial agreement that would ensure economic stability and development.
The IMF said that it stands ready to provide technical and financial support to the parties, as well as policy advice and capacity building, to help them address the challenges they face and achieve their economic objectives.
The IMF also urged the parties to engage in constructive dialogue and show flexibility and compromise, in order to reach a durable and sustainable solution that would benefit both sides and the region as a whole. The IMF emphasized that a successful outcome of the negotiations would boost confidence, foster growth, create jobs, and improve living standards for the people of both parties.
The statement came after the IMF held a series of meetings with the representatives of both parties, as well as other stakeholders, to discuss the progress and prospects of the negotiations. The IMF said that it was encouraged by the willingness of both parties to work together and find common ground, despite the complex and sensitive issues involved.
The IMF also praised the efforts of the mediators and facilitators who have been instrumental in advancing the dialogue and building trust between the parties. The IMF said that it remains closely engaged with all parties and will continue to monitor the situation and provide its assistance as needed.