6/19/2009

The Italian 200 million euro food aid debt

Following the signing of the 1999 Food aid Conventions, Governments agreed to make available 2,5 tons of grains per year. Italy pledged an annual contribution of 36,2 million euro, but the Italian last disbursement dates back to 2004. So far Italy has accumulated a 200 million euro debt towards the Food aid convention commitments.

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