Australia Donates to World Bank's Food Crisis Fund

The Australian government contributed more than USD33 million to a new World Bank-crafted fund designed to deal with the impact of surging food prices. “The Multi-Donor Trust Fund is an excellent vehicle to fast-track support to developing countries affected by the food crisis, and I am grateful to the Australian government for showing strong leadership on this vital issue,” said the global lender’s chief, Robert Zoellick. “I hope other donors will follow this example; we have many more demands than we can meet at this point.” (“Australia Contributes to World Bank Global Food Crisis Response Program” - World Bank, Oct. 11, 2008)

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