The spokesperson for the UN Secretary-General Stephane Dujarric noted on October 28, 2022, that the resumption of food exports from Ukraine had a significant impact on the reduction of prices for wheat and other products. Thus grain from Ukraine saved 100 million people from extreme poverty.
Source: The spokesperson for the UN Secretary-General Stephane Dujarric
“The resumption of exports has significantly contributed to lower prices of wheat and other commodities. The FAO Food Index has declined for 7 months in a row. According to our estimates based on the World Bank model, the reduction of prices for staple foods has indirectly prevented some 100 million people from falling into extreme poverty,” noted the spokesperson for the UN Secretary-General.
The UN called for the restoration of the Black Sea Grain Initiative.
“The initial duration of the agreement to facilitate grains and fertilizer exports from Ukraine is 120 days and can be extended automatically on 19 November if no party objects. We urge all parties to make every effort to renew the Black Sea Grain Initiative and implement both agreements to their fullest,” concluded Stephane Dujarric.
See also: Ukraine has already exported 8 million tons of grain as part of the UN program
