International Monetary Fund (IMF) deputy director of research Petya Koeva Brooks speaks during a media interview at the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 12, 2026. The International Monetary Fund warned on October 13 that while low-income developing countries were dealing with the disproportionate impacts of the Iran war-fuelled energy shock, many had "no choice" but to cut spending or face debt restructuring. (Photo by Panumas Sanguanwong / AFP via Getty Images)