Sitemap

IMF: War Caused Biggest Food Shortage Since 2008

USAID And Youth With Disabilities Forum Launched Project To Empower Persons With Disabilities

the United States Agency for International Development...

The Nikola Tesla Museum Celebrated Its 70th Anniversary

The Nikola Tesla Museum, founded as the...

Czech Foreign Minister: Serbia Made Significant Progress In Combating Illegal Migration

Serbia made significant progress in suppressing illegal...

Dina Boluarte Peru’s First Female President

Dina Boluarte became Peru's first female president after her former boss and predecessor, Pedro Castillo, was ousted and then...

Ambassador Christopher Hill: Open Balkans A Necessary Process

Open Balkans initiative is a necessary process that is in no any way competition to the Berlin Process, said...

Ambassador Of Japan Presented Awards For Contribution To The Promotion Of Japanese Culture

In the Residence of the Ambassador of Japan, H.E.  Katsumata Takahiko, the ambassador presented five new "Recognitions of the...

USAID And Youth With Disabilities Forum Launched Project To Empower Persons With Disabilities

the United States Agency for International Development (USAID) and the Youth with Disabilities Forum launched a four-year, $2 million...

The Nikola Tesla Museum Celebrated Its 70th Anniversary

The Nikola Tesla Museum, founded as the first technical museum in Yugoslavia and the only one that preserves the...

The war in Ukraine has disrupted supplies of grain and fertilizer, producing the worst food shortages since the global financial crisis of 2007 and 2008, the International Monetary Fund (IMF) said.

According to the report, about 345 million people face life-threatening food shortages, reports Reuters.

The IMF estimates that the 48 countries most exposed to food shortages will face a total increase in import costs of $9 billion in 2022 and 2023, due to a sharp increase in food and fertilizer prices.

This, the report says, will deplete the reserves of many countries that are already facing problems caused by the coronavirus pandemic, rising energy prices and war conflicts.

“We estimate that this year alone, the most exposed countries need seven billion dollars to help the poorest households,” IMF Director Kristalina Georgieva said.

Related Articles

Ambassador Of Ukraine: We Consistently Support The Territorial Integrity Of Serbia

Ukraine consistently adheres to the principle of the territorial integrity of Serbia, said the Ukrainian ambassador in Belgrade H.E. Volodymyr Tolkach. Ambassador of Ukraine to...

IMF: The Decline Of The World Economy In 2023

Things are more likely to get worse than better, International Monetary Fund Managing Director Kristalina Georgieva predicted, as the IMF again cut its projections...

Comment

Crises Give Birth To New Solutions

Even though we have continuity of government, there’s no doubt that the set of measures the government will have to opt for will differ...

Yulia Ustyugova, IMF Resident Representative For The Republic Of Serbia

Making Difficult Choices Must Be A Key Government Task

Limited policy space and more difficult access to financing means that policymakers will have to be very selective and targeted in their spending and...

Independence Day Of Ukraine Celebrated In Belgrade

"We admire the Ukrainians for their determination to realize their decisions to live in a country that is free, prosperous and to make their...

Schroeder: Russia Wants Negotiated Solution To Ukraine War

Russia wants negotiations to end the war in Ukraine, and last month's grain delivery agreement could be a step in that direction, former German...

Olena Zelenska Featured On The Cover Of Vogue

Wife of the Ukrainian President Volodymyr Zelenskyy, Ukraine's first lady Olena Zelenska is gracing the cover of Vogue's online edition. In the interview, Ms Zelenska...

Russia Says It Will Cut Gas Supplies To Europe

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in...