27-April-2024
Economy News
 
ADB commits USD 14 billion to ensure food security in Asia Pacific facing high inflation, supply woes
28-Sep-2022

The Asian Development Bank on Tuesday announced a USD 14 billion fund to fight food security crisis in Asia Pacific, threatened by adverse climate and exacerbated by Russia-Ukraine war choking supply lines, triggering soaring food prices. The multilateral funding agency is hosting its 55th annual meeting at its headquarters in Manila from September 26-30 in a hybrid mode with 45 governors of the member nations attending in person after 2019. Others will join virtually.

News Source:- https://www.financialexpress.com/economy/adb-commits-usd-14-billion-to-ensure-food-security-in-asia-pacific-facing-high-inflation-supply-woesnbsp/2692808/
 
 
 

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