World Bank Offers $1.2B in Food Aid

Millions at risk of starvation
By Peter Fearon,  Newser Staff
Posted May 30, 2008 6:46 AM CDT
World Bank President Robert Zoellick announced a $1.2B aid package to countries impacted by soaring food prices.   (AP Photo)
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(Newser) – The World Bank is offering an emergency $1.2 billion in aid to several nations in a desperate bid to stave off starvation for millions of people, reports the BBC. The money is being offered to Haiti, Liberia, Djibouti, Togo, Yemen and other nations identified as at immediate risk from rising food prices. The bank will pour another $2 billion into agricultural programs next year.