FM on conflict in West Asia: Concerns back on fuel, inflation

Referring to the conflict in West Asia, Finance Minister Nirmala Sitharaman Friday said concerns about fuel are back again among many countries, along with uncertainties about the resultant impact on food security, inflation and fragmentation of supply chains.
Speaking after the conclusion of the G20 Finance Ministers and Central Bank Governors Meeting in Marrakech, Morocco, Sitharaman also said that developing economies are the engine of growth for the world and even though there might be some impact of high interest rates in other countries, it won’t be the only factor influencing investment between countries.
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