hello there. governments around the world should subsidise food and edgy for the poorest members of society to double the cost of living crisis. that s the call from the head of the international monetary fund. she is concerned that if central banks raise interest rates too aggressively to tackle elation, stoked by the war in ukraine, they could cause recessions. she says any financial help from governments must be carefully targeted to avoid making inflation worse. they ought to care for and review who and what to support, to prevent the tightening of financial conditions and the shock but inflation is now causing one confidence, to turn what is still a positive world projection into the recession, you rightly are concerned about. so we say to our members, be very careful how much you spend and what for you stand. there are two priorities. one, the very poor people, segments of society that are now struggling with high food and energy prices. for people for whom this is like
can do. it is in their hands because can do. it is in their hands because they can do. it is in their hands because they know - can do. it is in their hands because they know the . can do. it is in their hands - because they know the economic factors and everything, so they know how to handle the situation. i know how to handle the situation. situation. i don t think anybody situation. i don t think anybody can situation. i don t think anybody can do - situation. i don t think i anybody can do anything. situation. i don t think - anybody can do anything. even if they anybody can do anything. even if they change the government, i if they change the government, i don t if they change the government, i don t think anything will happen, because the banks will do their happen, because the banks will do theirthing. in happen, because the banks will do their thing. do their thing. in australia, the reserve do their thing. in australia, the reserve bank do their thing. in aust