Market turmoil will hit global growth-UK's Darling

WASHINGTON, Oct 20 (Reuters) - The current turmoil in financial markets will hurt growth right across the globe but the full effect is still hard to quantify, British finance minister Alistair Darling said on Saturday.

In a statement to the International Monetary and Financial Committee at the annual meetings of the IMF and World Bank in Washington, Darling said the initial impact of the credit crunch was already apparent in the financial sector.

"The broader effects are still uncertain and the impact on the world economy can only be fully quantified with the passage of time," Darling said.

"The international uncertainty will have an effect on growth right across the world," he said.