37th CFS Plenary Session, 17-22 October 2011, Rome
The CFS is the United Nations' forum for reviewing policies concerning world food. It is the most inclusive international and intergovernmental platform for all relevant stakeholders to work together to ensure food security and nutrition.
Please visit our About section.
Public Information Notice (PIN) No. 10/65
May 26, 2010
On May 24, 2010 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Senegal.1
Background
Following the food and fuel price shocks in 2008, economic activity slowed further in 2009 because of the global economic downturn and domestic shocks, including temporary electricity shortages.
Press Release No. 10/212
May 24, 2010 -- The Executive Board of the International Monetary Fund (IMF) completed the third and final review of Senegal’s performance under an economic program supported by an Exogenous Shock Facility (ESF) arrangement. The approval enables Senegal to draw the remaining amount equivalent to SDR 32.36 million (about US$47.7 million), bringing total disbursements under the ESF arrangement to SDR 121.35 million (about US$178.8 million). The Executive Board also approved waivers for the nonobservance of the performance criteria on the basic fiscal balance and nonconcessional external debt.
12 April 2010 – The United Nations Food and Agriculture Organization (FAO) said today that its credit-based farming project in Niger has been so successful that the agency plans to scale it up and expand into Burkina Faso, Mali and Senegal, which are also suffering food shortages.
“It shows that growing more food is not the only way of increasing poor farmers’ food security. Simple, storage-based credit systems can also play an important role in improving their livelihoods,” said FAO rural finance expert Ake Olofsson in a statement released today.
9 March 2010 – Some 5,000 West African farmers are reaping the rewards from a United Nations scheme aimed at helping them export produce to the growing organic food market in the industrialized world.
The $2.4 million UN Food and Agricultural Organization (FAO) project has helped farmers in Burkina Faso, Cameroon, Ghana, Senegal and Sierra Leone to meet the necessary certification and adapt to the required methods to grow and sell organic products, according to a FAO news release issued today.
FAO noted that the organic and fair trade market in developed countries is expected to grow by about five to 10 per cent per year over the next three years, offering new opportunities for smallholder farmers in poor countries.
Press Release No:2010/265/AFR
Contacts
In Dakar:
Mademba Ndiaye
(+221) 33 859 4100
mademba@worldbank.org
In Washington:
Francois Gouahinga
(202) 473 0696
fgouahinga@worldbank.org
WASHINGTON, February 2010 - The World Bank’s Board of Executive Directors approved a US$55 million credit to contribute to increased access to sustainable water and sanitation services in selected rural and urban areas of Senegal within the next five years.
WASHINGTON, February 16, 2010 - The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit: US$55 million equivalent
Terms: Maturity = 40 years; Grace Period = 10 years
Project ID: P109986
Location: Dakar, Senegal
Hosted by the President of Senegal & organized by the Forum of Global Associations of Regions and the Conference of Peripheral Maritime Regions; in partnership with FAO, UNDP, French Min of Foreign& European Affairs, French Min of Agriculture & Fisheries & the EC
More information:
www.regionsfoodsummit.org
NOUAKCHOTT, January 7, 2009—It is early December 2009 and team members at the National Center for Locust Control are clapping their hands in delight. They have been able to control at a very early stage a major locust outbreak that could have affected food security in Africa’s Sahel region and the livelihood of its vulnerable communities.
“After years of hard work, the CNLA has finally reached the level of preparedness needed to successfully control locust emergencies and prevent the situation from worsening,” said Amadou Oumar Ba, the World Bank’s task team leader on the Africa Emergency Locust Project in Mauritania.
Press Release No. 09/462
December 16, 2009
The Executive Board of the International Monetary Fund (IMF) completed the second review of Senegal’s performance under an economic program supported by an Exogenous Shock Facility (ESF) arrangement. The approval enables Senegal to draw an amount equivalent to SDR 32.36 million (about US$51 million), bringing total disbursements under the ESF arrangement to SDR 88.99 million (about US$141 million). The Board's decision was taken on a lapse of time basis.1
The spike in food prices of last year (2008) underscored what experts have been telling us for many years: the world's food systems are in crisis