Internat. Food Assist
Funding Develop. Projects Through the Purchase, Shipment, and Sale of U. S. Commodities Is Inefficient and Can Cause Adverse Market Impacts
Description:... Since the Food Security Act of 1985, Congress has authorized monetization -- the sale of U.S. food aid commodities in developing countries to fund development. In FY 2010, more than $300 million was used to procure and ship 540,000 metric tons of commodities to be monetized by the U.S. Agency for International Development and the U.S. Department of Agriculture. Through analysis of agency data, interviews with agency officials, and fieldwork in three countries, this report: (1) assesses the extent to which monetization proceeds cover commodity and other associated costs; and (2) examines the extent to which U.S. agencies meet requirements to ensure that monetization does not cause adverse market impacts. Tables. A print on demand report.
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