Developing countries to pay higher food import bill this year as costs stay high – U.N.
- Date: 11-Jun-2021
- Source: Salaam Gateway
- Sector:Economy
- Country:Middle East
Developing countries to pay higher food import bill this year as costs stay high – U.N.
The world's food import bill is forecast by the United Nations' Food and Agriculture Organisation to jump by 12% to a record $1.715 trillion this year on increased costs.
Developing countries will pay a higher price than developed nations, said an FAO report released on Thursday (June 10).