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UN chief says billions needed yearly on food
by Sanjay Jha | June 4, 2008 at 02:44 am | 148 views | add comment | 0 recommendations
Current food crisis has come at a very hevy price and UN Chief has said that billions is required to bail out form current crisis. Developing & poor countries are most affected with this crisis. U.N. chief Ban Ki-moon says $15 billion to $20 billion is needed each year to boost food production to combat hunger.
The United Nations secretary-general says most of that money would have to come from concerned countries.
Ban was speaking Wednesday at a summit on the food price crisis. Delegates at the summit in Rome have been divided over the role that biofuels play in driving up food prices to the point of provoking riots in some countries.
Ban says policy guidelines on biofuel production should be put in place because of its impact on food production.
June 4, 2008 at 02:44 am by Sanjay Jha, 148 views, add comment
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