You are here

Tag: IMF

IMF forecasts up to 15% jump in global grain prices after grain deal suspension

GLOBAL – The International Monetary Fund (IMF) warns that the end of the Black Sea deal can lead to an increase in grain prices by 10-15% between now and the end of the year. Pierre-Olivier Gourinchas, Chief Economist of the International Monetary Fund (IMF) made this observation while giving a press conference on July 25, linking the forecast to recent…

Read More

Reforming harmful subsidies key to achieving global food security and sustainable food systems -IMF says

GLOBAL – Countries have been urged to reform their subsidy programs to enhance their effectiveness in curbing rising cases of food insecurity and malnutrition globally. The call was made by the Heads of the Food and Agriculture Organization, International Monetary Fund, World Bank Group, World Food Programme, and World Trade Organization in a joint statement on the global food and…

Read More