downtoearth-subscribe

Food prices to hit Bangladesh anti-poverty drive: ADB chief

Soaring food prices have hampered Asia's fight against poverty and some countries may need foreign aid to feed their hungry millions, the Asian Development Bank president said Friday. "The current food price inflation has already affected the pace of poverty reduction in some countries," Haruhiko Kuroda said. "Poverty reduction has been very rapid in many Asian economies but the current high food price inflation has really affected poor people in the region, particularly in low income countries like Bangladesh."