Children in Masvingo, Zimbabwe pick up corn kernels that have fallen on the street. (Photo: AP)
The COVID-19 epidemic, the drought and the war in Ukraine are pushing food prices to their highest levels ever, posing a risk starvation worst since World War II.
In Zimbabwe, the African country is suffering from inflation, inflation in April increased to 96%. With half of the population earning less than $1.90 a day, this already difficult people’s life is made more difficult by rising food prices.
Ms. Tarisai Gweje, from Zimbabwe, said: “We used to have three meals a day, meals with meat almost five days a week. But recently, even for a week, we couldn’t buy meat, and we didn’t eat enough for three meals. Life is really hard for a family with a basic salary“.
Nearly half of the continent’s 54 countries depend on wheat imports from Russia and Ukraine. Russia-Ukraine conflict disrupted shipping in the Black Sea, the main lifeline for grain and other commodities exported from Russia and Ukraine to Africa.
50 million Africans are being pushed back into extreme poverty. (Photo: AP)
According to the United Nations, 50 million Africans are being pushed back into extreme poverty, and it will be harder for them to get out of poverty. Global inflation also entails a series of consequences in Africa.
Raymond Gilpin of the United Nations Development Program (UNDP) said:Global inflation has penetrated African economies because Africa is so dependent on imports for food, fuel, medicine and consumer goods. Whether this will trigger violent protests is unclear, but history shows the possibility is pretty clear.“.
According to the Food and Agriculture Organization of the United Nations, an estimated 376 million people in Asia will face hunger by 2020. Emerging economies are most vulnerable to food prices. increased because food typically accounts for more than 30% of household expenditures.
In addition, economic experts fear that rice exporting countries in East Asia – Pacific may apply export control measures. This will cause global food prices to rise further, exacerbating the food crisis in many countries and have a lasting impact on global food trade.
at Blogtuan.info – Source: vtv.vn – Read the original article here