{"id":18254,"date":"2022-06-30T01:06:54","date_gmt":"2022-06-30T01:06:54","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/?p=18254"},"modified":"2022-06-29T13:43:40","modified_gmt":"2022-06-29T13:43:40","slug":"liberia-to-benefit-from-pres-bidens-760m-food-production-program","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/liberia-to-benefit-from-pres-bidens-760m-food-production-program","title":{"rendered":"Liberia to Benefit from Pres. Biden\u2019s $760M Food Production Program"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>Liberia has been selected as one of the 20 countries that are expected to benefit from U.S. President Joe Biden’s expansion of the U.S. government\u2019s global food security initiative, \u2018Feed the Future\u2019, harnessing the power of agriculture to drive economic growth and transform food systems.<\/p>\n

The Biden administration said in a release that the expansion of the program to eight new countries, led by USAID, includes those vulnerable to the effects of Russia\u2019s invasion of Ukraine, which Liberia, a poor and least developed country, is of no exception. The expansion, according to the release posted on USAID\u2019s website, brings the list of prioritized countries from 12 to 20 \u2014 with the new target countries being the Democratic Republic of the Congo, Liberia, Madagascar, Malawi, Mozambique, Rwanda, Tanzania, and Zambia.<\/p>\n

‘US$640 million’<\/p>\n

\u201cThese countries will be our closest partners in harnessing the power of agriculture to drive economic growth and transform food systems, even as Feed the Future programming continues to improve people\u2019s lives around the world,\u201d the release said.\u201cPresident Biden also announced $760 million in additional funding to combat the effects of high food, fuel, and fertilizer prices \u2014 now being driven by Putin\u2019s war \u2014 in those countries that need it most. USAID will use these resources to bolster Feed the Future and implement the U.S. government\u2019s strategy to mitigate the crisis,\u201d it added.<\/p>\n

\u201cOf these resources, US$640 million will support bilateral targeted agriculture and food security programs to strengthen agricultural capacity and resilience in more than 40 of the most vulnerable countries \u2014 Ukraine, as well as across 24 countries and regions in Africa, 10 countries in Asia, 6 countries and regional presence in Latin America and the Caribbean, and 6 countries in the Middle East.\u201d<\/p>\n

\u201cThese investments will tackle urgent global fertilizer shortages, purchase resilient seeds, mitigate price shortages for fertilizer, scale-up social safety nets for families suffering from hunger and malnutrition, and avert food and humanitarian crises in the most vulnerable countries. The balance \u2014 $120 million \u2014 will help finance multilateral efforts to leverage donor investments that help vulnerable countries build their resilience to shocks, and strengthen social safety nets, supply chain issues, and climate impacts for near medium food security.\u201d<\/p>\n

Currently, the US Feed the Future program has invested more than $1.9 billion per year through Feed the Future, which builds on existing technical expertise, programs, and partners in more than 35 countries.<\/p>\n

US$2.76 billion pledged<\/p>\n

The Biden administration’s support to Liberia is part of a US$2.76 billion pledged by the US to protect the world\u2019s most vulnerable populations from the escalating global food security crisis exacerbated by Russia\u2019s \u201cunprovoked and unjustified invasion of Ukraine\u201d and the severe drought in the Horn of the Africa region.<\/p>\n

This pledge, according to the US government, represents more than half of the over $4.5 billion in additional resources that G7 leaders committed to addressing global food security at a summit in Germany.<\/p>\n

\u201cThis funding will support efforts in over 47 countries and regional organizations, saving lives through emergency interventions and mitigating further increases in poverty, hunger, and malnutrition in vulnerable countries affected by high prices of food, fertilizer, and fuel,\u201d the release said. \u201cFunds pledged today will bring the United States\u2019 total investment in the global food security crisis to $5.56 billion since the start of Russia\u2019s further invasion of Ukraine.\u201d<\/p>\n

Global humanitarian assistance<\/p>\n

With this funding, the release added that USAID will provide an additional $2 billion for direct food assistance, as well as related health, nutrition, protection, and water, sanitation, and hygiene services in countries with high levels of acute food insecurity, reliance on Russian and Ukrainian imports, and vulnerability to price shocks. It said this funding includes support for countries hosting refugee populations and countries in the Horn of Africa facing a perfect storm of historic drought, COVID-19, and global shocks of food and fertilizer prices that threaten up to 20 million people in Kenya, Ethiopia, and Somalia.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. Liberia has been selected as one of the 20 countries that are expected to benefit from U.S. President Joe Biden’s expansion of the U.S. government\u2019s global food security initiative, \u2018Feed the Future\u2019, harnessing the power of agriculture to drive economic growth and transform food systems. The Biden administration said in a release […]<\/p>\n","protected":false},"author":84,"featured_media":18253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6,8,16],"tags":[233,237,234],"class_list":["post-18254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nLiberia to Benefit from Pres. 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