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Tag Archives: World Bank

IMF, WB, WFP: Middle East war threatens global food security and growth!

09 April, 2026… Joint statement says war-driven spikes in energy, fertilizer, transport costs to raise food prices and deepen insecurity, hitting vulnerable import-dependent economies hardest! The war in the Middle East is driving major disruptions in global energy markets and risks worsening food insecurity, particularly in low-income, import-dependent countries, the …

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World Bank’s 819 million dollars financing to enhance crop production…

June, 2025, Istanbul… The World Bank has announced that its board approved 819 million dollars in financing to enhance food production and enhance water efficiency for more than 550,000 people in Türkiye. The Türkiye Second Irrigation Modernization and Water Efficiency Project, approved on June 2, will facilitate the modernization of irrigation systems across …

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World Bank: Global food demand to increase 60 percent in coming decades!

World Bank doubles agribusiness commitment to 9B dollars annually… Financial institution expects global food demand to increase 60 percent in coming decades… The World Bank Group announced Wednesday it is doubling its agri-finance and agribusiness commitments to 9 billion dollars annually by 2030 to create a comprehensive ecosystem for the …

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Ministry’s “Climate Resilient Forestry Project” unveiled…

The Agriculture and Forestry Ministry has announced an extensive project aimed at protecting forests from the destructive effects of the climate crisis and global warming. Speaking at the launch of the “Climate Resilient Forestry Project” on May 30, Minister İbrahim Yumaklı stated that the initiative will span five years and also support forestry activities …

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WAR-DRIVEN SHOCKS TO KEEP COMMODITY PRICES AT HISTORICALLY HIGH LEVELS!

Energy prices expected to rise more than 50% in 2022 before easing in 2023 and 2024, says global body’s latest report… Commodity markets are facing a major shock due the Russia-Ukraine war, which is changing global patterns of trade, production, and consumption in ways that will keep prices at historically …

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