Resilience Under Strain: IMF Flags Rising Food and Energy Costs in New Global Outlook

SoftPower News ·
Uganda

The International Monetary Fund (IMF) has warned that rising energy and food prices, higher borrowing costs and growing global economic uncertainty could intensify pressure on developing economies, including those in Africa, as governments face diminishing resources to cushion households and sustain investment. In its October 2026 World Economic Outlook, titled Resilience Under Strain, Urgent…

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