IMF Says Food Insecurity Continues To Rise As Prices Remain Historically High

IMF Says Food Insecurity Continues to Rise as Prices Remain Historically High

Global food prices remain historically high, contributing to food insecurity and keeping the outlook highly uncertain, the International Monetary Fund said in a report on Friday

WASHINGTON (Pakistan Point News / Sputnik - 30th September, 2022) Global food prices remain historically high, contributing to food insecurity and keeping the outlook highly uncertain, the International Monetary Fund said in a report on Friday.

"Prices remain significantly above the 2020-21 average and are still historically high, while food insecurity continues to rise, particularly in LICs (low-income countries). Moreover, the outlook remains highly uncertain," the IMF said.