World Bank to provide additional $16 billion to address 'devastating' global food crisis

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 11%
  • Publisher: 71%

WASHINGTON - The World Bank announced on Wednesday an additional US$12 billion in funding to mitigate the"devastating effects" of severe growing global food insecurity driven by climate change and

Singapore Headlines News

Singapore Latest News, Singapore Headlines

WASHINGTON - The World Bank announced on Wednesday an additional US$12 billion in funding to mitigate the"devastating effects" of severe growing global food insecurity driven by climate change and

"Food price increases are having devastating effects on the poorest and most vulnerable," World Bank President David Malpass said in a statement. The bank previously announced US$18.7 billion in funding for projects linked to"food and nutrition security issues" for Africa and the Middle East, Eastern Europe and Central Asia, and South Asia.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

straits_times LimGoHome

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sri Lanka receives $222m in bridge financing from World Bank
Source: STForeignDesk - 🏆 4. / 71 Read more »

S.African central bank eyes digital rand to cut cross-border payment costsLONDON/JOHANNESBURG : A digital rand in South Africa could cut the high cost of cross-border payments for banks but its introduction is still a few years away, a senior central bank official said.However, regulation of crypto assets is in the offing and might come into force within nine to 15 months, Sout
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China's anti-graft watchdog investigating former central bank official
Source: STForeignDesk - 🏆 4. / 71 Read more »

Google's Russian subsidiary to file for bankruptcy after bank account seizedGoogle\u0027s Russian subsidiary plans to file for bankruptcy after authorities seized its bank account, making it impossible to pay staff and vendors, but free services including search and YouTube will keep operating, a Google spokesperson said on Wednesday (May 18). The Alphabet Inc unit has been under press
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Teen pilot reaches Kenya in round the world questNAIROBI : A 16-year-old British schoolboy who is on a quest to become the youngest person to fly around the world solo, landed his small plane in Kenya's capital, Nairobi, on Wednesday.Mack Rutherford, who started his journey near the Bulgarian capital Sofia in March, is looking to clinch a Guinness World
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »