Global Food Crisis: World Bank launches $1.2 billion Fast-Track Facility for Food Crisis; Zoellick proposes 10-point plan

May 30th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Food Crisis: The World Bank announced on Thursday that it would support global efforts to overcome the global food crisis with a new $1.2 billion rapid financing facility to address immediate needs, including $200 million in grants targeted at the vulnerable in the world's poorest countries.

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