More than 141 million people in Arabi world Exposed to food insecurity, IMF management director Kristalina Georgieva warned on Monday.
Georgieva speaking at a conference in Riyadh, said that the International Monetary Fund will add that it voice to me fight food trade restrictions in in order to alleviate the situation.
Countries across the Middle East region And then I rose in to me support Countries fighting high inflation and food shortages made more sharp by global Geopolitical and evolving developments risk of a global Recession.
Georgieva said in A statement said that the Arab Gulf states “plan to make more pledges soon, following the recent work of the Arab Coordination Group.” announcement of Initial $10 billion to mitigate global Food supply crisis.
The International Monetary Fund and Saudi Arabia signed an agreement on Monday to set up Regional Representative of the International Monetary Fund office in Riyadh.
a guarantee social stability by adequate provision of basic Food is a priority beyond borders of those directly Alice Gower said, director of Geopolitics and Security at Azure Strategy, a London-based consultancy.
“Basic food items such as wheat, rice and lentils in risk of Being inaccessible to food poor communities across the region, she told Reuters.
“desire for Regional stability – and therefore security – has seen increased investment from countries such as Saudi Arabia and the United Arab Emirates in countries under financial torsion.”
