In cooperation with a specialized American company, the International Financing Corporation (IFC) of the World Bank recently launched a new $80 million capital program aimed at insuring agricultural and industrial projects from weather risks in the developing world, reported Al-Hayat . With the objective of rendering underdeveloped countries less vulnerability to natural disasters and droughts, the IFC will create a scheme for the protection of crops. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
