"There will be winners and losers, but on a net basis it's good news for the global economy," she said in Washington.
Oil prices have fallen sharply since late June, losing around 30% as supplies increase and global demand for oil grows more slowly.
April 25, 2024
WASHINGTON: The plunge in oil prices since June may hurt some crude exporters but is overall a good thing for the world economy, International Monetary Fund managing director Christine Lagarde said on Monday.
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