"ECONOMIC SITUATION"

The Minister for Foreign Affairs of Pakistan, Bilawal Bhutto Zardari, said that his country is facing “a real threat of food insecurity, water insecurity and energy insecurity that has obviously been exacerbated by recent geopolitical development. UNIFEED

The war in Ukraine has upended the fragile economic recovery from the pandemic, triggering a devastating humanitarian crisis in Europe, increasing food and commodity prices and globally exacerbating inflationary pressures, according to the latest United Nations forecast. UNIFEED

Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.

Press Conference by Shantanu Mukherjee (Director, Economic Analysis and Policy Division, UN Department of Economic and Social Affairs (DESA)) and Hamid Rashid (Lead Author Chief, Global Economic Monitoring Branch, Economic Analysis and Policy Division, DESA) on the World Economic Situation and Prospects Report.

Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.

Speaking in Dakar, the capital of Senegal, Secretary-General António Guterres said, the war in Ukraine is aggravating a “triple food, energy and financial crisis,” across Africa. UNIFEED

World Bank Group President David Malpass said the international community needs to “take important steps to address the current set of crises” facing the global economy, including the war in Ukraine, the ongoing pandemic, and rising debt burdens. WORLD BANK

Conflict, humanitarian crisis in Ukraine threatening future global foods as prices rise, production capacity shrinks, speakers warn Security Council.

The head of the United Nations Integrated Transition Assistance Mission in Sudan (UNITAMS), Volker Perthes, told the Security Council, “the aspirations of Sudanese women and men for a prosperous, civilian-led, democratic future are at risk. Unless the current trajectory is corrected, the country will head towards an economic and security collapse, and significant humanitarian suffering.” UNIFEED

To avert ‘irreversible’ damage in Afghanistan, international community must engage with country’s de facto authorities, mission head tells Security Council.