Morocco Report
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
Reading: IMF welcomes Food Shock Window to address food insecurity
Share
Aa
Morocco Report
Aa
Search
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
© 2022 Morocco Report | All Rights Reserved
Home » IMF welcomes Food Shock Window to address food insecurity
Business

IMF welcomes Food Shock Window to address food insecurity

October 1, 2022
Share
SHARE

The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, has welcomed the creation of a new Food Shock Window in order to help countries address food insecurity in the future. “A new Food Shock Window has been approved today by the IMF’s Executive Board under our emergency financing instruments, the Rapid Credit Facility and Rapid Financing Instrument,” said Ms. Kristalina Georgieva.

IMF welcomes Food Shock Window to address food insecurityThe new financing window will provide additional access to emergency financing to countries that have urgent balance of payments needs. These countries are suffering from acute food insecurity, sharp food import shocks, or cereal export shocks. For one year, the newly opened financing window will remain open. Climate shocks, pandemics, and regional conflicts have disrupted food production and distribution for some time now, increasing the cost of feeding people and families. Globally, 345 million people are at risk of losing their lives and livelihoods as a result of acute food security.

You Might Also Like

With Trust International acquisition, Edge strengthens defence and technology portfolios

The third largest fish producer in the world, India accounts for 8 percent of global production

A gold price peak may be near – and it may last

Credit Suisse and UBS are in talks to merge – FT

Ryan Reynolds joins other celebrities in $1.35 billion Mint Mobile deal

Editor October 1, 2022
Share this Article
Facebook TwitterEmail Print
Previous Article Indian priorities for the upcoming G-20 presidency revealed
Next Article Asteroid slam captured by space telescopes with stunning clarity

Latest News

An oasis of tranquility for the diverse Abu Dhabi community – Abrahamic Family House
News
Globally, water pollution and sanitation are major problems – UN
News
South Korea opposes North Korean satellite acquisitions
News
Funding drought compels UN food agency to cut rations in Afghanistan
News
Magnitude 7.1 earthquake rocks Kermadec Islands in New Zealand
News
Despite banking turmoil, the ECB continues to hike rates
News

You Might Also Like

News

An oasis of tranquility for the diverse Abu Dhabi community – Abrahamic Family House

March 24, 2023
News

Globally, water pollution and sanitation are major problems – UN

March 23, 2023
News

South Korea opposes North Korean satellite acquisitions

March 21, 2023
News

Funding drought compels UN food agency to cut rations in Afghanistan

March 18, 2023

© 2022 Morocco Report | All Rights Reserved

  • Home
  • Contact Us
Welcome Back!

Sign in to your account

Lost your password?