Wednesday, April 29, 2009

Doubling of aid from the US to International Agricultural Development

Well, what can I say, two posts in one day is a record for this year (the other post was on gtinn).

Well the reason is the expected budget allocation for international development aid, and more specifically for Agricultural Development. This from the Center for Global Engagement "While traveling Obama put these words to action in announcing new assistance programs. At the G20 summit Obama announced America would double assistance for agricultural development to $1 billion. The program is designed to increase rural productivity and incomes, while building multilateral partnerships and decreasing reliance on foreign food aid." I believe that is a doubling of aid (for agriculture) from what it was before.

Its nice to hear that one of the most basic (and arguably important) sectors of development is starting to get some attention/recognition again.

2 comments:

The Almond Doctor said...

Too bad he doesn't double the money for support of domestic agricultural aid. We could use it in the support of technology development and hard-funded personnel within the land-grant institutions.

Gaiko said...

true indeed, being a land grant university student (awhile ago) those places can use all the help they can get... but then again, show me the poorest farmer in the US and I will show you 20 farmers that are 3 times poorer in any number of countries... tough call (though I am of course biased) :)