Governments should subsidise food and energy, says IMF boss

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Governments should subsidise food and energy, says IMF boss
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Governments should subsidise food and energy - IMF boss

Finance Ministers from the G7 group of advanced economies are facing similar challenges

Sri Lanka's economic crisis, exacerbated by rising prices, has led to deadly riots, a new prime minister and a first everThe IMF boss said such similar unrest before the pandemic, from France to Chile, was caused by "a sense of inequality growing" and decisions being made without the support of the people.

She added: "Trade needs to be retained open, we should not have a situation in which countries hold on to food more than they need and create all kinds of barriers for moving it from one place to another."Watch: Ros Atkins on why the war in Ukraine is pushing up food prices - and the likely impact on poorer countries, just as other countries were looking for it to make up some of the shortfall from Ukraine's inability to ship its produce.

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