US President Biden has announced $ 2.76 billion in additional funding to protect the world’s most vulnerable people.
The G7 countries plan to mobilize more than $ 4.5 billion to combat food insecurity caused by Russia’s invasion of Ukraine. This was reported by the press service of the White House.
More than half of the planned funds will come from the United States. President Biden announced $ 2.76 billion in additional funding to protect the world’s poorest people.
Of this amount, $ 2 billion will be used to save lives through emergency interventions, and $ 760 million for short-term food assistance to further reduce rising poverty and hunger in vulnerable countries.
“It is estimated that as many as 40 million more people could be pushed into poverty by 2022 as a result of Putin’s war in Ukraine and its secondary consequences,” the White House said.
It was also noted that by the end of the year 20 million people could face the threat of famine.
Recall that the G7 countries do not plan to impose sanctions against Russia’s agricultural products.
Earlier, Zelensky proposed a mechanism to insure the world from starvation. According to him, it is too late to respond to hunger when it arrives so it is necessary to act preventively.
Putin’s weapon The war in Ukraine led the world to famine
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.