International

Title: IMF: Russia's Withdrawal from Grain Agreement Threatens to Increase Food Price Inflation

Title: IMF: Russia's Withdrawal from Grain Agreement Threatens to Increase Food Price Inflation

The International Monetary Fund (IMF) confirmed today, Wednesday, that Russia's withdrawal from the agreement allowing Ukrainian exports via the Black Sea exacerbates the global food security crisis and risks increasing food price inflation, especially for low-income countries. A spokesperson for the fund stated that the international financial institution will continue to closely monitor current developments in the region and their impact on global food security.

Our readers are reading too