Africa-Press – Senegal. The import bill of the group of least developed countries (LDCs) is expected to decline by 1.5% this year and that of developing countries that are net food importers by 4.9%, estimated , Tuesday, the Food and Agriculture Organization of the United Nations (FAO), in a statement read by APS.
According to the UN body in charge of food, the drop in imports from the most vulnerable countries is worrying, despite the fact that the world production of most basic foodstuffs is expected to increase.
“The decline in food import volumes is a worrying development in both groups, suggesting a decline in purchasing capacity,” FAO warned in its semi-annual Markets and Trade Division report.
This decline in food import volumes is amplified by « the fact that lower international prices for a number of basic food products have not translated, or at least not completely, into lower prices at national retail trade,” the document added.
The FAO did not fail to display its fears related to “pressures on the cost of living which could persist in 2023”.
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