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Updated: May 2, 2025
We and other donor countries have begun to assist poor countries develop long-term strategies to improve their food production. The World Bank will invest up to $4 billion in the next few years in improving the grain storage and food-handling capacity of countries prone to food shortages. Good progress has been made since the Tokyo Economic Summit called for increased effort on this front.
Under Hoover's direction Whitmarsh and his associates at the head of the special commodity divisions worked out the manifold details of a regulatory system which was gradually extended to a most varied assortment of foodstuffs, trades and manufactures. At the end of 1918 over 250,000 food-handling corporations, firms, and individuals were under Food Administration licenses.
We and other donor countries have begun to assist poor countries develop long-term strategies to improve their food production. The World Bank will invest up to $4 billion in the next few years in improving the grain storage and food-handling capacity of countries prone to food shortages. Good progress has been made since the Tokyo Economic Summit called for increased effort on this front.
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