The increase in energy and food prices caused by the war exposed another 130 million people to poverty The United Nations Development Program warned that the increase in energy and food prices following the war in the Middle East could push another 130 million people below the poverty line this year. Alexandre de Crowe, head of this UN-affiliated organization, said in an interview with Agence France-Presse in Bangkok on Thursday, October 15, that many developing countries have resorted to paying large subsidies to deal with the rise in energy prices, but their financial resources to continue these supports are running out. On the sidelines of the annual meetings of the International Monetary Fund and the World Bank, he compared the situation of these countries to a burning house whose owner has to repair the roof at the same time. You can read the full report on the Radio Farda website.

The increase in energy and food prices caused by the war exposed another 130 million people to poverty The United Nations Development Program warned that the increase in energy and food prices following the war in the Middle East could push another 130 million people below the poverty line this year. Alexandre de Crowe, head of this UN-affiliated organization, said in an interview with Agence France-Presse in Bangkok on Thursday, October 15, that many developing countries have resorted to paying large subsidies to deal with the rise in energy prices, but their financial resources to continue these supports are running out. On the sidelines of the annual meetings of the International Monetary Fund and the World Bank, he compared the situation of these countries to a burning house whose owner has to repair the roof at the same time. You can read the full report on the Radio Farda website.