U.S. to allocate $7.6B to tackle food crisis over next years
The United States, together will allies and partners, will act decisively in response to challenges posed by the global food crisis, which has accelerated after Russia unleashed the war against Ukraine. That’s according to a statement by the U.S. Department of State.
“The Kremlin’s unprovoked war in Ukraine is accelerating the global food security crisis. The United States is taking action and has pledged $2.6 billion in humanitarian food assistance to help alleviate hunger, with an added $5 billion over the next five years,” the statement reads.
It is noted that 193 million people worldwide experienced food insecurity in 2021. By the end of this year, it is estimated that number will increase by 40 billion.
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Write to us
Our manager will contact you soon