The World Bank issued warnings!

Author:Changjiang Daily Time:2022.06.08

According to Kyodo News reported on June 5, the World Bank recently estimated that Global food prices rose by 1%, and nearly 10 million people will fall into less than $ 1.9 daily living expenses (about 12.65 yuan) In \"extreme poverty\". The World Bank warned: \"The more poor people, the higher the proportion of food in the family consumption, and it will be impacted by the price increase.\"

The Economist of the World Bank pointed out in an interview with a common society, \" It affects the emergence of the world, and Japan (mainly low -income people) will also be impacted. \" The United Nations Food and Agriculture Organization (FAO) announced on the 3rd that the World Food Price Index in May increased by 22.8%year -on -year.

The estimation of the World Bank shows that extremely poor people are expected to reach 656 million to 676 million in 2022. Prior to the outbreak of the new crown epidemic, the World Bank expected that extremely poor people in 2022 would decrease to 581 million, but this time estimated increased by 75 million to 95 million. Causes include the worsening Eastern European economy caused by the Ukraine crisis, and the main producing areas of wheat in Russia and Ukraine have increased food prices and rising fertilizer prices due to conflicts.

The World Bank said that if the increase in food prices is further accelerated than expected, then the price increases by 1%, and the extremely poor people may increase by nearly 10 million.

The World Bank economist believes that the 36 African countries south of the Sahara Desert, which are particularly affected, will increase the price of food -related prices to twice the other products.

(Source: CCTV Finance)

[Edit: Shang Pei]

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