World Bank says poor nations to boost spending on nutrition

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A two-year-old malnourished boy sleeps in a hammock while taking refuge with his family in a classroom in SukkarWASHINGTON (Reuters) – The world's poorest nations are set to nearly triple spending on nutrition programs for mothers and children over the next two years to help cope with volatile food prices, the World Bank said on Thursday. The Washington-based global development lender said its direct funds for nutrition programs should rise to $600 million for 2013-14 from $230 million in 2011-12. Ninety percent of those funds will be disbursed through the World Bank's fund for the poorest, the International Development Association (IDA), and go largely to Africa and South Asia. …

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