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FAO: World Should Invest $83b in agriculture

Written By NAFSO on Tuesday, October 13, 2009 | 1:58:00 AM

(MENAFN) A report issued by the Food and Agriculture Organization (FAO) showed that net investment of $83 billion a year must be made I agriculture in developing countries if there is to be enough food to feed 9.1 billion people in 2050, AP reported.

Agricultural investment thus needs to increase by about 50percent, according to the paper preapered for the High Level experts’ Forum on How to Feed the World in 2050, Rome 12-13 October 2009. Some 300 top international specialists will attend the meeting.
The projected investment needs to be 2050 includes some billion going to crops production and $13 billion going to livestock production, the paper said.
FAO Director – General Jacques Diouf said last month that the number of people suffering from starvation had reached 1.02 billion people and increase of 11 percent.

News Source: MENAFN.COM
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