The World Bank will offer $1.2 Billion UDS in food aid, setting aside grants for the countries most at risk.

From BBC News.

“It is crucial that we focus on specific action,” said World Bank president Robert Zoellick.

“These initiatives will help address the immediate danger of hunger and malnutrition for the two billion people struggling to survive in the face of rising food prices.”>

Countries will be able to access money to provide food for schools and other core services as well as to buy essential items such as seeds and fertilizer.

UPDATE: See the WorldBank’s press release here.

This entry was posted on Thursday, May 29th, 2008 at 2:41 pm and is filed under World Food Crisis, World Bank, Food Aid. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.