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 …
In many poor countries, the recent increases in prices of staple foods raise the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average …
International cereal prices (in US dollar terms) have been increasing since 2003, but it is domestic prices that affect food consumption and production. This report analyzes, for seven large Asian countries, the extent to which domestic prices have increased since 2003 and presents several conclusions. First, the data show that …
Food prices are soaring, a wealthier Asia is demanding better food and farmers cannot keep up. In short, the world faces a food crisis and in some places it is already boiling over. Around the globe, people are protesting and governments are responding with often counterproductive controls on prices and …
The recent spike in global food prices and the short-sighted policy responses that accentuate volatility in prices threaten to push large numbers of people back below the poverty line
The recent spike in global food prices and the short-sighted policy responses that accentuate volatility in prices threaten to push large numbers of people back below the poverty line
PARIS: Spare a thought for the world's poor and hungry when you tune into the next episode of U.S. recession watch this week. Sky-high food prices are prompting one country after another to curtail exports in favor of domestic supply, a trend India joined Friday hard on the heels of …
HANOI: Rising prices and a growing fear of scarcity have prompted some of the world's largest rice producers to announce drastic limits on the amount of rice they export. The price of rice, a staple in the diets of nearly half the world's population, has almost doubled on international markets …
Riots hit several towns in Burkina Faso in late February after the government announced it would reduce taxes on imported goods rather than lowering prices of essentials. Protesters took to the streets to denounce the rising prices of basics like food, cloth and fuel, which have increased between 10 per …
A GROUP of ministers (GoM) is scheduled to meet here on April 2 for considering measures to check spiralling food prices. These include duty cuts on soybean oil, reviewing the efficacy of the minimum export price imposed on premium nonbasmati rice and, for the first time, basmati varieties as well. …
FOR India, the crash in global commodity prices comes as an answer to a prayer. Import of wheat, cooking oil and pulses are now likely to be cheaper as speculators and large funds exit positions in New York and Chicago over the last fortnight. The best part is that those …
Lack of buying interest, inadequate storage spaced cited as reasons for the fall in prices. Post-harvest, potato prices have gone down sharply this year in the main growing areas, especially in West Bengal. The price of the
On the heels of fixing a higher minimum export price (MEP) on basmati and non-basmati rice on March 5, 2008, the Government on Thursday night hiked the MEP on basmati rice further to $1,100 per tonne (Rs 44,000) and to $1,000 per tonne (Rs 40,000) on non-basmati rice. A notification …
The agricultural loan waiver valued at Rs.60,000 crore announced in Budget 2008-09 has dominated discussions on the Budget. Coming after four years of conservative reformism, in the midst of an agrarian crisis marked by farmers' suicides, this sudden decision to provide relief to an indebted farming community has been interpreted …
The West Assam Milk Producers' Cooperative Union Ltd (WAMUL) has increased the prices of its milk products by Rs 1. The hike, which came into effect from today, was due to continuous increase in the prices of raw milk, processing cost and other expenditures, including fuel, electricity charges and transportation …
Against the background of a glut in sugarcane production, the State Government has decided to continue with last year's decision to provide transport subsidy to sugar factories to provide relief to sugar factories in varied parts of the state. A meeting chaired by Chief Minister Vilasrao Deshmukh okayed the decision …
The Wholesale Price Index numbers for the week ending March 8, released last week, showed that the inflation rate surged almost a percentage point compared to the previous week. It surpassed all expectations (or fears) to touch 5.92 per cent, a benchmark reminiscent of a year ago, when food prices …
The Democratic Left Alliance on Sunday called on the government to take immediate and effective steps to contain the runaway prices of essential commodities and warned that otherwise the country would face a full-blown famine. The central steering committee of the alliance at a meeting said that when many people …
by the time a copy of this magazine reaches you, the finance minister would would have presented the Union Budget in Parliament. The details of the Rs 32,000-crore debt relief package
The government is planning to increase its allocation for food to all the public hospitals because of the price spiral of essentials. The allocation will be increased by Tk 40 for a patient and will be implemented shortly, said the secretary to health and family welfare ministry, AKM Zafar Ullah …
Climate change is likely to create new food insecurities by further pushing up the already rising prices and bringing down the world agriculture GDP by 16 per cent by 2020, the International Food Policy Research Institute (IFPRI) report said. "Impact on developing countries will be much more severe than on …
