Republic of Togo (Lomé)

Togo: FAO says food prices still high

15 November 2009


UN Food Agency said high food prices persist in the developing world and 31 countries need emergency assistance.

"For the world's poorest countries that invest up to 80% of their budget in agriculture, the food price crisis is far from over", FAO's deputy Director-General Hafez Ghanem said.

Investment in Agriculture in developing countries must be a "global priority", he added.

"Though food prices came down since recent riots, wheat and corn prices have gone up and the exported rice price has been even higher than before the crisis", according to a report of the UN Food Agency.

The FAO holds a summit on food security in Roma from Monday. Togo President, Faure Gnassingbe, will attend the summit.

Be the first to Write a Comment!

More News on allAfrica.com

Copyright © 2009 Republic of Togo. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

AllAfrica - All the Time

SELECT
SELECT

Most Active Stories: Togo

Topics