Sunday, March 1, 2009

USAID inks MoU for provision of $22.3m for food security: Daily Times

ISLAMABAD: The United States of America, through the United States Agency for International Development (USAID) and the United Nations World Food Programme (WFP) on Friday announced the signing of an agreement worth $22.3 million to help ease the burden of high food prices on the poor in Pakistan. In this regard Joseph Williams, Deputy Mission Director USAID and Wolfgang Herbinger, WFP Pakistan Representative signed the MoU today. “This programme will benefit thousands of Pakistanis, who are affected by the rising price of basic food items. I am particularly pleased that many of those who will benefit from this food aid are Pakistani school children,” said Joseph Williams. The WFP representative in Pakistan Wolfgang Herbinger said, “This grant comes at a very critical time and would help WFP continue its assistance to three million needy people hit hard by the surge in food prices. We appreciate the role of the USAID as a development partner in addressing the hardships faced by poor Pakistanis,” he added. Although commodity prices in international markets have declined from the peak in mid-2008, food prices in Pakistan and some other countries in the region continue to remain high.

For more on this article, please click on the following link: USAID inks MoU for provision of $22.3m for food security: Daily Times

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