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Challenges of the food, fertilizer and fuel price crisis in West and Central Africa

Challenges of the food, fertilizer and fuel price crisis in West and Central Africa. Interagency Meeting 7 October 2008 Dakar. High Food Prices in West Africa.

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Challenges of the food, fertilizer and fuel price crisis in West and Central Africa

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  1. Challenges of the food, fertilizer and fuel price crisis in West and Central Africa Interagency Meeting 7 October 2008 Dakar

  2. High Food Prices in West Africa In West-Africa recent sharp increases in food, fertilizer and fuel prices pose a serious threat to an already fragile situation in terms of food and nutrition security. Social implications of rising food prices have resulted in riots and demonstrations in Burkina Faso, Cameroon, Cote d’Ivoire, Mauritania, Senegal and Niger.

  3. Macroeconomic impact Budgetary impact of increased food and fuel subsidies, tax exemptions, etc (for 2008, IMF): Benin: 1.5% of GDP Burkina Faso: 1.3% of GDP Guinea-Bissau: 10% of tax revenue Mali: 1.8% of GDP Reduction in growth, due to higher fuel prices and fiscal adjustment → increase in unemployment and underemployment? Risk of reduction in public expenditure on basic social services

  4. What is the impact on households? Impact on monetary poverty Impact on household expenditure: substitution effects Nutritional impacts Agriculture impact Possible impacts on education, use of health services and child labour

  5. Impact on monetary poverty Ex-ante simulation of the impact of rice prices on the poverty headcount in Liberia – World Bank, 2007. Based on CWIQ data

  6. Impact on household expenditure: substitution effects Liberia Greater Monrovia (Source: Liberia Joint Survey on the Impact of high prices) Burkina Faso. In Ouaga and Bobo , for the very poor: Reduction in protein consumption Increased buying of street food as opposed to buying . Substitution towards ‘filling’ foods.

  7. Impacts on education and health Liberia In Burkina (Ouaga and Bobo) increase in drop out rates due to ‘manque de moyens’, drop in attendance.

  8. Nutritional impacts Prevalence of Acute Malnutrition in children 6-59m in Mauritania

  9. Challenges and Opportunities Strengthening the evidence base Data Analysis Bridging current emergency activities with long-term development programmes. Strengthening the agriculture supply response Strengthening the social protection system Improving coordination between: Governments Regional Economic Communities International Agencies.

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