Global Food Security Remains Under Threat, Despite Drop in Commodity Prices

[Sarah]

Global commodity prices are expected to decline this year at the fastest clip since the onset of the COVID-19 pandemic, clouding the growth prospects of almost two-thirds of developing economies that depend on commodity exports, according to the World Bank's latest Commodity Markets Outlook report.However, according to the bank's report, a copy of which was obtained by Asharq Al-Awsat, lower prices are expected to bring little relief to the nearly 350 million people worldwide who face food insecurity.Although food prices are expected to decline eight percent in 2023, they will be at th

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