![IFC launches financing facility for Food Crisis IFC launches financing facility for Food Crisis](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1G9zlgdui_08NUOXhaj6jhwixHGK5kP_QIlMJ3GfX4IadSkd49u5xjY6cb7D73aZyXHTw3iMuG66x02EdHePYLfpK9eM-XJz4ujgAf3Ov0bLDkVcUQ4GPekos_fGC8LI7DUgXIAURba4HKX5cC0ye4Kf09JDNe3lgm7wD71AdblqNmUgcU1BFeMlhtw/w320-h193-rw/IFC.jpg)
- IFC has taken this step to increase the private sector's ability to respond to global food prices. It also aims to support total food production.
- The core part of this financing will be to augment the trade of food commodities and provide support for efficient food production and inputs to the farmers.
- Its targeted areas are primarily those countries that are undergoing food crises.
- This platform will be in supplement the World Bank’s target of USD 30 Billion in response to the ongoing food crisis.
- The current food crisis is because of the war in Ukraine and an improper global recovery from the vaccination drive.
- Static part- HQ of IFC is situated in Washington, D.C.
Question:
Q.1 Who is the head of IFC?
a. Makhtar Diop
b. Ngozi Okonjo-Iweala
c. Kristalina Georgieva
d. Victoria Shortt
a. Makhtar Diop
b. Ngozi Okonjo-Iweala
c. Kristalina Georgieva
d. Victoria Shortt