World Bank plans to combat global hunger

14th April 2008, Comments 0 comments

A plan has been presented to deal with global hunger and poverty as more suffer from effects of food inflation.

14 April 2008

The World Bank has presented a plan to deal with global hunger and poverty. It says 100 million people are suffering the effects of sharply increasing food prices.
The bank has earmarked over EUR 500 million to help small farmers in developing countries boost food production. World Bank president Robert Zoellick is also calling on rich countries to increase emergency aid.

Earlier this weekend, the International Monetary Fund's managing director Dominique Strauss-Kahn warned of the possibly disastrous consequences of the excessive rises in the price of food.

He said hundreds of thousands of people were facing famine, and the crisis could lead to wars. Over the last three years, average food prices have nearly doubled.

[Radio Netherlands / Expatica]

0 Comments To This Article