The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
WB calls for new deal to fight hunger Agence France-Presse . Washington The World Bank on Wednesday called on the international community to mount a wide-ranging fight against hunger as skyrocketing food prices critically threaten the world's poor.
Rising food prices could spread social unrest across Africa after triggering riots in Niger, Senegal, Cameroon and Burkina Faso, African ministers and senior agriculture diplomats have warned. Kanayo Nwanze, the vice-president of the United Nations' International Fund for Agriculture, told a conference in Ethiopia that food riots could become a …
Dhaka urges developed countries to help check food price hike United News of Bangladesh . New York The foreign adviser, Iftekhar Ahmed, has urged the surplus developed countries to do more to rein in the rising food price.
WB calls for new deal to fight hunger Agence France-Presse . Washington The World Bank on Wednesday called on the international community to mount a wide-ranging fight against hunger as skyrocketing food prices critically threaten the world's poor.
At a time when the Left parties are calling for a ban on futures trading in edible oils, Abhijit Sen, chairman of a committee on futures trading of essential commodities, says such a ban would not help in bringing down domestic prices of edible oils. "Half of our edible oil …
Food Prices To Rise For Years, Biofuel Firms Say UK: April 4, 2008 LONDON - Staple food prices will rise for some years, but should eventually fall to historical averages as harvests increase, biofuel company executives said on Thursday. Soaring demand for better quality food from rapidly industrialising emerging markets …
World Bank President Robert Zoellick on Wednesday called for a new coordinated global response to deal with spiraling food prices exacerbating shortages, hunger and malnutrition around the globe. Speaking ahead of International Monetary Fund and World Bank meetings in Washington next week, Zoellick said the global food crisis now required …
Much like what happened last year, the FCI is unlikely to be able to procure the amount of wheat it needs to. This article is a sequel to the one published under a similar title a year ago (April 1, 2007). Unfortunately, the emerging scenario of a critical situation arising …
Governments across the developing world are scrambling to boost farm imports and restrict exports in an attempt to forestall rising food prices and social unrest. Saudi Arabia cut import taxes across a range of food products on Tuesday, slashing its wheat tariff from 25 per cent to zero and reducing …
A group set up by the Planning Commission has pointed out that the reimposition of controls on wheat and pulses under the Essential Commodities Act (ECA), 1955, "has not had any favourable effect on the price and the availability of these commodities has only added to the costs of dealing …
By Raphael Minder in Hong Kong, John Aglionby in Jakarta,,Amy Yee in New Delhi, and Daniel Ten Kate in Bangkok For years, farmers in the remote village of Pallantikang on the Indonesian island of Sulawesi relied on middlemen to sell their produce and found themselves largely isolated from the realities …
Soaring food prices are making holes into the wallets of consumers but throwing a golden opportunity to poor farmers in Asia, including India, to ramp up production and increase profits, a report by think tank International Food Policy Research Institute has said. "The years of falling food prices were good …
Global investment funds smelt greater profit potential in commodities than in stocks and from 2002 started diving into oil, followed by metals and grains NEW YORK, April 2: High food prices around the world? Blame, at least in part, the investors who moved their money into commodities in the past …
For years, anti-poverty campaigners railed against low commodity prices, which depressed farmers' incomes in developing countries. In recent months, the world price of virtually all staples has shot up, but the activists are still not cheering. They worry that this boom (intensified by "green' subsidies for biofuel crops) may worsen …
The anti-inflation package hammered out by the Cabinet Committee on Prices (CCP) in a marathon three-hour-long meeting on Monday night makes it clear that the government is short of ideas. This is not to suggest that there are obvious solutions waiting to be tapped. The truth is that the nature …
EFFORTS TO CONTROL PRICES: A DAY AFTER CABINET MEETING Ajay Modi / New Delhi April 02, 2008 The price rise in individual key food commodities over the last one year is significantly higher than what is conveyed by the wholesale price index. While the latest government data show inflation at …
The Bharatiya Janata Party has charged the United Progressive Alliance government with "mismanagement of the food economy' and warned that prices of cereals, pulses, edible oil, and other essentials would continue to rise affecting the poorest the most. Even as the per capita production of cereals in the country had …
Global agricultural commodity prices, which are rising for the last two years, are expected to remain high in the near future, according to the Food and Agricultural Organisation (FAO). FAO, along with the European Bank for Reconstruction and Development in a recent report on food inflation, has indicated that the …
Cabinet Committee on Prices holds emergency meet late in the evening at PM's residence BS Reporters / New Delhi April 01, 2008 Scraps import duties on edible oil; pulses exports ban stays. Taken by surprise over the recent spike in wholesale price inflation, the government today scrapped import duties on …
