$200 million boost for poor farmers to help face food crisis
29 Apr 2008
The United Nations rural development arm announced today that it is providing up to $200 million for poor farmers during the upcoming cropping season as it tries to alleviate the suffering of hundreds of millions of people facing hunger and malnutrition due to soaring food prices.
"The capacity of the world's 450 million smallholder farmers to respond by growing more food is at risk because of spiralling energy and fertiliser prices," said Lennart Båge, President of the UN International Fund for Agricultural Development (IFAD).
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