RIYADH - The International Monetary Fund said on Monday that up to 20 countries, many in Africa, could need emergency assistance to cope with the global food crisis.
Countries across the Middle East region and beyond have stepped in to support states battling high food inflation and shortages made more acute by global geopolitical developments and the growing risk of a global recession. The IMF and Saudi Arabia signed an agreement on Monday to set up an IMF regional representative office in Riyadh.
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