IMF Chief: High Cost of Food Imports to Add $9Bln to Balance of Payment Pressure

IMF Chief: High Cost of Food Imports to Add Bln to Balance of Payment Pressure

WASHINGTON (Sputnik) – The International Monetary Fund (IMF) estimates the impact of higher import costs for food for developing countries at $9 billion shortfall on their balance of payment in 2022-2023, IMF Managing Director Kristalina Georgieva said on Monday.

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