06 February 2018

Sweden Commits Record $370m of Aid to UN World Food Programme

Sweden Commits Record $370m of Aid to UN World Food Programme


Sweden and the United Nations World Food Programme signed a Strategic Partnership Agreement committing an unprecedented $370 million dollars to WFP over the next four years. The contribution for the period 2018-2021 is the biggest ever made by a donor within a WFP Strategic Partnership Agreement.

For almost a decade, the Swedish government has been the largest donor of flexible funds to WFP whereas 90% of government funding to WFP is earmarked for specific operations or activities.

Static/Current Takeaways Important for Syndicate Bank PO 2018 Exam-
  • Sweden Capital- Stockholm, Currency- Swedish krona.
Source-  Business Standard

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