Feeding expectations WHEN times are tough, how should governments in poor countries ensure their citizens remain fed? In the past most of them used subsidies to keep food prices low for all their citizens. But these policies have become unsustainable: the cost of maintaining Egypt’s food subsidies, for instance, nearly doubled between 2009 and 2012. And much of the money goes to the wrong people. In Burkina Faso, Egypt and the Philippines less than 20% of spending on food subsidies goes to poor households. In the Middle East and North Africa only 35% of subsidies reach the poorest 40%, the IMF reckons.
Posted on: Sun, 23 Feb 2014 11:18:38 +0000
Trending Topics
Recently Viewed Topics
© 2015