SPOTLIGHT ON MALAWI.
Drought and tropical cyclones have cut Malawi maize output by 18.9%. Natural factors are being compounded by rising fuel and fertilizer prices for a perfect storm of #foodinsecurity. Already in May of 2022, the United Nations World Food Programme (WFP) was seriously concerned about the soaring food prices that are pushing the poor to the brink of hunger in the landlocked Southern African country. 50% of the Malawian population is already living in poverty, on less than USD 2 a day, prior to these price hikes. The disruption of global key cereals supplies after Russia’s invasion of Ukraine is pushing up fuel, fertilizer, and food prices globally, hitting hard the most vulnerable populations. A key example is the price of bread, which has increased by close to 100% in the last year.
