Tuesday, 18 January, 2022
E-paper

World’s record food bill hits poorer countries hardest

World’s record food bill hits poorer countries hardest

Popular News

NEW YORK: The world’s food-import bill is set to jump even more than expected to a record this year, increasing the threat of hunger, especially in the poorest nations.

Higher shipping rates and prices of foodstuffs from grains to vegetables are likely to drive the cost of importing food up by 14 per cent to $1.75 trillion, the United Nations said. It also warned of higher bills as farm inputs get more expensive, report agencies.