Remarks by World Bank Group President David Malpass to the African Consultative Group at the 2022 Spring Meetings
These remarks were delivered by World Bank Group President David Malpass to the Development Committee at 2022 Spring Meetings on April 22, 2022. The war in Ukraine is an added challenge to catastrophic droughts, the surge in food prices, and disrup...
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| Format: | Speech |
| Language: | English English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099543204282219556/IDU0e0b64369060d08807011dd25458cf7 http://hdl.handle.net/10986/37783 |
| Summary: | These remarks were delivered by World
Bank Group President David Malpass to the Development
Committee at 2022 Spring Meetings on April 22, 2022. The war
in Ukraine is an added challenge to catastrophic droughts,
the surge in food prices, and disruptions of food supply
chains. An estimated 100 million people in Sub-Saharan
Africa are expected to face food insecurity in the coming
months. In Ethiopia, South Sudan and Madagascar, there were
no rains for the past three years. In the Horn of Africa
alone, twenty-five million people are facing famine. The
Sahel faces drought, environmental degradation,
displacement, poor trade integration, and the deteriorating
security situation are key factors. Cameroon, the Gambia,
Sudan, Tanzania, Kenya, and South Africa were major
importers of agri-food products originating from Russia.
Djibouti, Egypt, and Tunisia have already been experiencing
high food price inflation over the past year owing to the
region’s dependence on cereal imports. |
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