Hunger Elimination Bill Targets U S Food Aid Practices
Senators Danforth Hatfield Leahy and De Lay propose the Hunger Elimination and Global Security Act to tighten U S foreign aid controls. The measure would require aid recipients to show distribution plans, curb misdirected funding, and push half of loans to the needy with projects like irrigation, water, roads, and health services.
MENTIONED IN THIS ARTICLE
Washington
John C. Danforth
R-Mo
Indochina
Danforth
United States
Bob Dele
R-Kan
Mark Hatfield
R-Ore
Patrick Leahy
U.S
Congress
Hatfield
Bangaldesh
Money Doesn't Buy Prosperity Money Doesn't Buy Prosperity
Reagan told the IMF World Bank meeting that massive foreign aid cannot lift poor nations without domestic sound financial and economic policy. He argued progress depends on disciplined policies at home and criticized overspending and inflation in industrialized countries. Treasury Secretary Regan stressed private sector-led development and disciplined lending at the gathering of 141 nations.
MENTIONED IN THIS ARTICLE
Washington
Reagan
International Monetary Fund
World Bank Today
Bank
Fund
Heagan
United States
Treasury
Donald Regan
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U.S. Food Aid
Off Motion Pant” and Partners
Dacron