COVID-19: World’s Poorest Countries Cry Out Over Food Crisis, Extreme Poverty

COVID-19: World’s Poorest Countries Cry Out Over Food Crisis, Extreme Poverty

By Spy Uganda

According to World Bank’s research, over the last year, COVID-19 has undone the economic, health and food security of millions, pushing as many as 150 million people into extreme poverty. While the health and economic impacts of the pandemic have been devastating, the rise in hunger has been one of its most tangible symptoms.

READ ALSO: COVID-19: African Countries To Experience Extreme Poverty & Depressed Economies In 2021- World Bank Confirms

Income losses have translated into less money in people’s pockets to buy food while market and supply disruptions due to movement restrictions have created local shortages and higher prices, especially for perishable food.

This reduced access to nutritious food will have negative impacts on the health and cognitive development of COVID-era children for years to come.

READ ALSO: COVID-19: Expect Extreme Poverty & Depressed Economy Soon-World Bank Alerts Debt Soaked Uganda

Global food prices, as measured by a World Bank food price index, rose 14% last year. Phone surveys conducted periodically by the World Bank in 45 countries show significant percentages of people running out of food or reducing their consumption. With the situation increasingly dire, the international community can take three key actions in 2021 to increase food security and help prevent a larger toll on human capital.

The first priority is enabling the free flow of food. To avoid artificial shortages and price spikes, food and other essential goods must flow as freely as possible across borders.

READ ALSO: Debt Alert! IMF,World Bank Worried Of Uganda’s Capacity To Pay Back Surging Debts, Warns Further Borrowing Ahead Of General Elections

Early in the pandemic, when perceived shortages and panic generated threats of export bans, the international community helped keep food trade flows open.

World bank asserts that credible and transparent information about the state of global food inventories which were at comfortable levels pre-COVID – along with unequivocal free-trade statements from the G20, World Trade Organization, and regional cooperation bodies helped reassure traders, and led to helpful policy responses. Special rules for agriculture, food workers and transport corridors restored supply chains that had been briefly disrupted within countries.

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READ ALSO: World Bank Boosts Uganda’s Education With USD$150M To Curb School Drop Out Rate

The world has mounted an unprecedented social protection response to COVID-19. Cash transfers are now reaching 1.1 billion people, and innovative delivery mechanisms are rapidly identifying and reaching new groups, such as informal urban workers. But “large scale” is not synonymous with “adequate”. In a review of COVID-19 social response programs, cash transfer programs were found to be:

According to the research, the world’s food systems endured numerous shocks in 2020, from economic impacts on producers and consumers to desert locust swarms and erratic weather, all indicators suggest that this may be the new normal. The ecosystems we rely on for water, air and food supply are under threat.

World Bank further noted that the time is long overdue to shift to practices that safeguard and increase food and nutrition security in ways that will endure. The to-do list is long and urgent. We need sustained financing for approaches that prioritize human, animal and planetary health; restore landscapes and diversify crops to improve nutrition; reduce food loss and waste; strengthen agricultural value chains to create jobs and recover lost incomes, and deploy effective climate-smart agriculture techniques on a much greater scale.

However, the World Bank Group and partners said they are ready to help countries reform their agriculture and food policies and redeploy public finance to foster a green, inclusive, and resilient recovery.

 

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