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Arab donors buy the limelight at the Rome food summit
- Article from:
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Middle East
- Article date:
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August 1, 2008
- Author:
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Copyright informationCopyright International Communications Aug/Sep 2008. Provided by ProQuest LLC. (Hide copyright information)
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FROM THOMAS LAND
THE ISLAMIC DEVELOPMENT Bank has raised $1.5bn to help the poorest countries cope with the savage current global rise in the price of food.
Separately, Saudi Arabia alone has donated $500m and Kuwait $100m. The UAE has announced the establishment of an advanced regional research and development centre under international auspices to study the causes and seek solutions to the emergency.
Other major contributors to a UN drive to alleviate hunger, launched at a world food summit conference held in Rome during June, included France ($1.5bn), the World Bank ($1.2bn), the African Development Bank ($lbn), Spain ($773m) and Britain ($590m). The UN's World Food Programme (WFP) ...