Monetization Of Food Aid Important Tool In Bringing Food Security To Vulnerable Nations
The Hill: Monetization: Market-based food aid that works
Sheryl Cowan, deputy director of sustainable food and agriculture systems at International Relief & Development
“…Achieving [an end to the need to provide food aid relief in any form], and the increased peace and stability it brings, requires sustained economic and social development. U.S. food aid monetization programs are one effective and efficient tool to help achieve it. … Monetization can overcome limited access to credit, smaller than typical commercial volume shipments, currency risk, limited foreign exchange reserves to import commodities, and price sensitivity…” (1/30).
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