WASHINGTON: The International Monetary Fund (IMF) on Tuesday (Sept 13) confirmed that it is moving towards expanding emergency financing for countries hit by surging food prices and shortages triggered by the war in Ukraine, with some 20 to 30 countries seen most in need.IMF managing director Kristalina Georgieva said the fund’s executive board members were “very positive” about the proposed “food shock window” when they met informally on Monday, and she hoped they would approve it to allow a swift disbursal of funds.The plan, first reported by Reuters on Monday, would allow the IMF to provide additional, unconditional emergency financing to countries hit hard by the food crisis unleashed by
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