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Saudi Arabia donates $ 500 million to fight global food crisis

By IINA,

Rome : Saudi Arabia donated $ 500 million to a UN World Food Program appeal to battle the global food price crisis, helping it reach a 755-million-dollar goal. “The World Food Program has met its extraordinary call for 755 million dollars to compensate for the increased costs of food and fuel with a 500-million-dollar donation from the Kingdom of Saudi Arabia,” according to a WFP statement yesterday. UN Secretary General Ban Ki-moon “warmly welcomes the offer of the landmark contribution” from the Kingdom, UN deputy spokeswoman Marie Okabe said. “The secretary general notes that this contribution of an unprecedented size and generosity comes not a moment too soon, given the needs of millions of people dependent on food rations.”

The agency said “high food prices represent the biggest challenge that WFP has faced in its 45-year history with about 130 million being pushed into hunger.” WFP Executive Director Josette Sheeran said the money will help offset food and fuel costs that have risen dramatically over the past year and secure much-needed food programs in Africa and other parts of the world. “The Saudi donation will keep many people from dying, others from slipping into malnutrition and disease, and will even help to stave off civil unrest,” Sheeran said.

The agency said the donation puts the Kingdom “at the forefront of the large-scale, high-level, multilateral UN action by the global community.” WFP said it “will be able to continue to provide food for millions of children enrolled in school and therapeutic feeding programs in Kenya, Yemen, Ethiopia and Somalia and in many other critical hunger zones.”

Global food prices have nearly doubled in three years, according to the World Bank, sparking riots in Egypt and Haiti, protests in other countries and restrictions on food exports from Brazil, Vietnam, India and Egypt. World Bank President Robert Zoellick has said two billion people across the world are struggling with high food prices, and 100 million people in poor countries may be pushed deeper into poverty by the crisis.

“We turned to the world to help the hungry and the world has been generous,” said Sheeran. “This is an example of what humanitarians around the world can do when we come together to address problems that affect us all.” The WFP, which operates in 78 countries and helps feed an estimated 73 million people, launched the 755 million dollar emergency appeal in March. It said 31 countries had given 460 million dollars before the Saudi donation came in on Thursday. “Donors have been responding overwhelmingly, with 31 countries donating a collective 460 million dollars to date, and now Saudi Arabia closing the gap,” said the statement. “The 500 million dollars from Saudi Arabia rounds out the appeal, and leaves an additional 214 million dollars available for other urgent hunger needs.