Bhutan faces grain shortages, spike in prices, says country's finance minister

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 71%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

KATHMANDU/NEW DELHI - Rising fuel import costs and global grain shortages have led to a spike in domestic prices, posing a risk of food scarcity for people in Bhutan, especially in the rural areas, e

conomic affairs minister Loknath Sharma told Reuters on Thursday .

Bhutan, which depends on imports to meet food demand, imported cereals amounting US$30.35 million, mainly rice and wheat from India, in 2021. A strict zero-COVID policy and vaccination of over 90 per cent of the population has hurt economic growth in Bhutan, nestled between China and India, including by stoking inflation and curbing the inflow of tourists, a World Bank report said last month.

"About 29 per cent of households are still worried about running out of food. Of these, almost half curtailed food consumption as a precautionary measure," the report said, adding that those in rural areas were more likely to eat fewer meals or skip them.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Full cost of rebuilding Ukraine impossible to quantify, says German finance minister
Källa: STForeignDesk - 🏆 4. / 71 Läs mer »

Malaysia's finance minister Zafrul says economy on track
Källa: STForeignDesk - 🏆 4. / 71 Läs mer »

Sri Lanka prime minister retains finance minister portfolioCOLOMBO: Sri Lanka\u0027s Prime Minister Ranil Wickremesinghe will hold dual charge as finance minister, the president\u0027s office announced on Wednesday (May 25), and will lead talks with the International Monetary Fund (IMF) for a bailout for the crisis-hit nation. \u0022Prime Minister Ranil Wickremesinghe was sworn
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Sri Lanka prime minister retains finance minister portfolioCOLOMBO — Sri Lanka's Prime Minister Ranil Wickremesinghe will hold dual charge as finance minister, the president's office announced on Wednesday (May 25), and will lead talks with the International Monetary Fund (IMF) for a bailout for the crisis-hit nation.
Källa: TODAYonline - 🏆 1. / 99 Läs mer »