No Result
View All Result
Thursday, June 12, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Nadia Hussain

    Pakistani artists sang Indian songs at Lahore event after war: Nadia Hussain

    Sana Yousaf

    Breakthrough in Sana Yousaf Case: Federal Prosecutor appoints special team

    Areej Mohyudin

    We realize importance of parents when they pass away: Areej Mohyudin

    Ana de Armas in a scene from "Ballerina." (Lionsgate via AP)

    How to watch Ana de Armas’ ‘Ballerina’ online

    SI Film

    Love Guru Review: Hit or flop?

    (Credit: Europa Press)

    ‘I Am Georgina’ won’t return as Netflix ends show about Ronaldo’s girlfriend

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Nadia Hussain

    Pakistani artists sang Indian songs at Lahore event after war: Nadia Hussain

    Sana Yousaf

    Breakthrough in Sana Yousaf Case: Federal Prosecutor appoints special team

    Areej Mohyudin

    We realize importance of parents when they pass away: Areej Mohyudin

    Ana de Armas in a scene from "Ballerina." (Lionsgate via AP)

    How to watch Ana de Armas’ ‘Ballerina’ online

    SI Film

    Love Guru Review: Hit or flop?

    (Credit: Europa Press)

    ‘I Am Georgina’ won’t return as Netflix ends show about Ronaldo’s girlfriend

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

IMF says Black Sea grain deal may push prices 10-15%

MM News Staff by MM News Staff
July 25, 2023

WASHINGTON: The International Monetary Fund (IMF) believes that if Russia exits from a deal allowing Ukrainian exports of grain from the Black Sea then it could push the global prices by 10-15%.

IMF chief economist Pierre-Olivier Gourinchas told reporters that the Black Sea grain deal played an “instrumental” role in ensuring ample supplies of grains could be shipped from Ukraine. He added that it had helped ease price pressures on food. Its suspension would likely put upward pressure on prices, he said.

“We’re still assessing where we’re going to land, but you would be thinking that somewhere in the range of 10 to 15% increase in prices of grains is a reasonable estimate,” he added.

The IMF on Tuesday forecast that global headline inflation would fall to 6.8% in 2023 from 8.7% in 2022, dropping to 5.2% in 2024, with core inflation declining more gradually to 6.0% in 2023 and then 4.7% in 2024.

The IMF last week said Russia’s withdrawal from the initiative, which was brokered by Turkey and the United Nations last July, would hit regions that rely heavily on shipments from Ukraine, including North Africa, the Middle East and South Asia.

The deal had allowed Ukraine to export around 33 metric tonnes of grain by sea and turned out to be an important factor for global food security.

ShareTweetSendShare
Previous Post

Quran desecration outside Turkiye, Egypt embassies enrage Muslims

Next Post

Pakistan’s victories

Related Stories

File photo
Top News

Pakistan ‘exceptional counter-terrorism partner,’ says U.S. CENTCOM chief

June 11, 2025
Hajj file photo
Uncategorized

Hajj 2025: 18 Pakistani pilgrims died during spiritual journey

June 11, 2025
File photo
Uncategorized

APTMA hails 18pc sales tax on import of cotton yarn

June 11, 2025
File photo
Uncategorized

Mahrang Baloch’s MPO detention challenged in SC

June 11, 2025
File photo
Uncategorized

Fruit and vegetable exporters express disappointment over federal budget

June 10, 2025
File photo
Uncategorized

BISP budget increased for 2025-26

June 10, 2025
Pic credit Hum News
Uncategorized

Govt employees protest outside Parliament House for salary raise

June 10, 2025
File Photo
Uncategorized

Power Division refutes reports of ban on installing two electricity meters

June 8, 2025
(File Photo)
Uncategorized

Six of a family killed in Mardan’s gas explosion

June 7, 2025
File photo
Uncategorized

Karachi hit by two earthquakes once again

June 5, 2025
Next Post

Pakistan's victories

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Mr. How
Daily Buzz

Why did Mr. How’s channel disappear? Creator reveals truth behind YouTube termination

by MM News Staff
June 12, 2025
Asif Rahman
Top News

Leaking national defense secrets: CIA insider Asif Rahman sentenced to 3 years in prison

by MM News Staff
June 12, 2025
Gold Prices
Business & Stock

Gold prices remain stable in Pakistan on June 12, 2025

by MM News Staff
June 12, 2025
Safe City
Crime

First Safe City camera action: Fake number plate vehicle seized in Karachi

by MM News Staff
June 12, 2025
Foreign Currency Rates
Business & Stock

Foreign currency exchange rates in Pakistan, 12 June 2025

by MM News Staff
June 12, 2025

Opinion

munir ahmed oped
The Betrayals Within: From Homes to Halls of Power
June 5, 2025
- Munir Ahmed
munir ahmed oped
AIF 2025 – A Rallying Cry for Unity in a Fractured World
May 31, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Eurasian Economic Union at 10: Looking Beyond the Decade
May 29, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

representative image
Weather

PMD issues nationwide alert for extremely hot weather

by MM News Staff
June 11, 2025

The Pakistan Meteorological Department (PMD) on Wednesday issued an alert for extremely hot and...

File photo

Eidul Adha holidays: PDMA issues heatwave alert

June 5, 2025
representative image

Severe heatwave warning issued nationwide for Eid holidays

June 5, 2025
President Asif Ali Zardari

World Environment Day: Climate disasters displace millions in Pakistan: President

June 5, 2025
See all

Prices

Gold Prices
Business & Stock

Gold prices remain stable in Pakistan on June 12, 2025

by MM News Staff
June 12, 2025

In the Karachi gold market today, Thursday, June 12, 2025, stability has been observed...

Foreign Currency Rates

Foreign currency exchange rates in Pakistan, 12 June 2025

June 12, 2025
representative image

Gold prices in Pakistan today- 11 June 2025

June 11, 2025
Photo credit Bloomberg

Sales tax on small cars increased to 18pc

June 10, 2025
See all

Transport News

Safe City
Crime

First Safe City camera action: Fake number plate vehicle seized in Karachi

by MM News Staff
June 12, 2025

Operations with Safe City cameras have started in Karachi, a vehicle with a fake...

representative image

Karachi businessmen get license for new airline

June 11, 2025
Photo credit Bloomberg

Sales tax on small cars increased to 18pc

June 10, 2025
Motorway Police

Motorway Police issues travel advisory ahead of post-Eid traffic surge

June 10, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.