Click here for search results
Online Media Briefing Cntr
Embargoed news for accredited journalists only.
Login / Register

7 Lost Years - The Effect of Rising Food Prices on Poverty Reduction

'7 Lost Years'
The Effect of Rising Food Prices on Poverty Reduction

WASHINGTON, April 11, 2008 - World Bank President Robert Zoellick warned today of the threat posed by rising food prices world-wide.

Zoellick he stressed that food prices would be at the top of the agenda, and that the international community must make agriculture a priority.

Brandishing a sack of rice to make his point, World Bank president Robert Zoellick told reporters in Washington that rice prices have jumped 75% globally…and that’s in the last two months.

In Bangladesh, a 2 kilogram bag of rice now costs half of a family’s daily income. And the price of rice is likely to rise again.





Permanent URL for this page: http://go.worldbank.org/NT0C1I3E40