Global Food Bill to Hit Record $1.98tn in 2023

The world food import bill is forecast to reach a new record of $1 98 trillion this year.

World food import was predicted to grow at a much slower pace compared to last year, as rising world prices, driven by higher quotations for fruits, vegetables, sugar and dairy products, dampen demand, especially in the most economically vulnerable countries, a new released by the United Nations Food and Agriculture Organisation (FAO).

ARISENEWS: Read More