World Bank to offer $30 bln as Ukraine war threatens food security

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The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia’s war in Ukraine, which has cut off most grain exports from the two countries. The total will include $12 billion in new projects and over $18 billion funds from existing food and nutrition-related projects that have been approved but have not yet been disbursed, the bank said. World Bank to offer $30 bln as #Ukraine war threatens food security — Tom Polansek (@tpolansek) “Food price increases are having devastating effects on the poorest and most…

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