World Bank Responds to Ethiopian Food Security Concerns

The

has approved a USD350 million grant and a USD130 million loan to support the third phase of Ethiopia's Productive Safety Net Program, which is designed to keep millions of Ethiopian families out of poverty and help them secure their food supply. The bank will also help finance the country's Household Asset Building Program, which helps food-insecure families diversify their income sources and increase their productive assets.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.