Saving bread for May and flour for April applies to the convulsive times that are coming. The Covid-19 pandemic, the Russian war and climate change are just a part of the cases that call for preventing what many call “war economy”.

Currently, the world economy continues to be impacted by high prices of finished goods and inputs. The food price index of the United Nations Organization for Food and Agriculture (FAO) last April explains that the world suffered increases in food of 29.8% year-on-year, with a slight decrease compared to the behavior of March.

International analysts have issued a warning to return to the countryside to increase food production and dump only surpluses onto the global market to face the world “famine” they foresee.

The BAENegocios portal includes an interview with the Minister for Economic Cooperation and Development of Germany, Svenja Schulze, in which she warns that the uncontrolled increase in food prices threatens a great famine worldwide. In another article, the portal published that “the world is exploding with food insecurity,” said Arif Husain, chief economist of the UN World Food Program, at a press conference. As the Global Network Against Food Crises warned that the hunger problem is expected to “deteriorate further” this year, according to Bloomberg, he notes.

On an international scale, increases are revealed in the price of crude oil, natural gas and coal, as well as food, beverage and construction products, which were imported from Russia and Ukraine, the two countries involved in the war that is affecting the chain of global supplies together with the difficulties of maritime transport and climate change. Not only the steel profiles to make rods for construction, sunflower oil in Spain, ceramic floors, but even barley to make beer in some markets such as Mexico, and future purchases from China, market deviations due to the Russian embargo and also tourism, it also threatens countries as far away as the Dominican Republic.

In the country, the Dominican National Brewery assures that it does not face difficulties, since it has diversified its purchases of raw materials.

Report
The FAO warned that Haiti is a latent focus for famine, but also countries like Honduras and Colombia, in the Latin American region. The latter rejected those premonitions.

The FAO indicates in its most recent report on Food Security 2022 in the world that according to UN figures, at the beginning of February 2022, some 4.3 million people require emergency food aid in Haiti and from March to June the horizon would worsen to reach 4.6 million under those conditions.

Expert sees no risk in the DR
Manuel Gonzalez Tejera (Manegonte), who is a technical adviser to the Ministry of Agriculture, affirms that the Dominican people are not currently at risk of going hungry or being hit by a famine, because they have a dynamic agricultural production sector that is responsible for meet the demand for food.

The Government’s support for production with financing from the Agricultural Bank, pledge and fertilizer subsidies stands out, in order to alleviate the high production costs caused by different external shocks such as (Increase in prices, damage to the natural gas production infrastructure , cessation of exports due to protectionist policies and the current war in Ukraine Manegonte acknowledged that currently the prices of many raw materials or “commodities” have been registering an increase in prices not due to lack of production, nor world stocks, but to readjustments in the world economy and war.

 

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