Between mid-February and mid-May 2022, due to the Russian aggression in Ukraine, the price of wheat (and of other agricultural commodities) increased by over 60 per cent.
The four cardinal pillars of the reform are: enhancing the quality of banks, establishing financial stability, enabling healthy financial sector evolution, and ensuring that the financial sector contributes to the real economy, which is very critical to the type of growth that translates to improved welfare. 16.