The government has implemented various initiatives and policies over the last four years to address the rise of global food prices and cushion the cost of living here.
This was highlighted again yesterday by President Irfaan Ali, as he detailed the impacts of the government’s measures during a live broadcast last evening.
The Department of Public Information (DPI) said that the president reminded that the rise in global food prices and the costs of transportation, goods and services resulted from the Russian-Ukraine war, and the global pandemic, among other disruptions.
In the European Union, food price inflation, he said, increased from the last quarter of 2021 to reach 3.5 per cent in January and 7.5 per cent in May 2022.