UNDP says world facing multiple crises
(VOVWORLD) - The world is facing multiple crises, the head of the UN Development Program (UNDP) said in an interview with AFP on the sidelines of the World Economic Forum in Davos, Switzerland.
 People are waiting for food relief in the capital Mogadishu, Somalia. (Photo: AFP/VNA) |
UNDP Administrator Achim Steiner spoke of soaring public debt and the Russia-Ukraine conflict's impact on food and energy prices. He said the conflict in Ukraine, the world's top grain producer, has reduced grain exports, driving up grain prices and disrupting supply chains.
Steiner said if an agreement could be made to end the conflict and release the grain stocks currently in the silos in the Ukraine, supply chains and prices would be immediately rectified, at least partially.