Friday, June 24, 2011

World Bank introduces new agric fund

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By Patrick kagenda

The World Bank early this week launched a new agricultural tool that will provide
$4 billion to help farmers in poorer countries deal with food price volatility. The Agricultural Price Risk Management (APRM) tool will improve access to hedging instruments to shield consumers and farmers from price swings in the global food markets.

The instrument comes ahead of a meeting scheduled for the Group of 20 major global economies that will discuss the rising global food

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