Tag: low-income
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UN Invests 8 Billion USD In World’s Poorest Countries To Grow World’s Food
Rome, 17 July 2023 – In 2022, despite conflict, climate change and the continued stresses of the COVID-19 pandemic which threatened the food security and livelihoods of millions of rural people, the UN’s International Fund for Agricultural Development (IFAD) invested US$7.96 billion in rural areas in the world’s poorest countries, according to its annual report…
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International Monetary Fund- World Economy Still Recovering
The IMF announced today (Tuesday, April 11, 2023) in the World Economic Outlook’s press briefing that the baseline forecast for global output growth is 0.1 percentage point lower than predicted in the January 2023 WEO Update, before rising to 3.0 percent in 2024. “The world economy is still recovering from the unprecedented upheavals of the last…