Members of the International Monetary Fund (IMF) called for increased support for countries facing short-term financing challenges due to negative spillovers from wars and high energy prices. The International Monetary and Financial Committee (IMFC) stated in a chairman's statement after its meeting in Bangkok that economic risks remain tilted to the downside. IMFC Chairman and Saudi Finance Minister Mohammed Al-Jadaan said that escalating conflicts and trade tensions could further disrupt key trade routes, exacerbate commodity price pressures, including for refined energy products, and worsen energy and food security.