Rocketing food prices hurt 22 countries

30 May 2008 - 02:00
By unknown

ROME - Twenty-two mainly African countries are "especially vulnerable" to soaring food and fuel prices, according to a report by the UN food agency ahead of a summit on food security next week in Rome.

ROME - Twenty-two mainly African countries are "especially vulnerable" to soaring food and fuel prices, according to a report by the UN food agency ahead of a summit on food security next week in Rome.

"Large increases in food and fuel prices threaten macroeconomic stability and overall growth, especially of low-income, net-importing countries," the Food and Agriculture Organisation notes in the report published on Wednesday.

It lists 22 countries "that are especially vulnerable due to a combination of high levels of chronic hunger, while being dependent on imports of petroleum products and imports of major grains." Sapa-AFP