1945

International Fund for Agricultural Development (IFAD)

The International Fund for Agricultural Development (IFAD) continued to provide concessional assistance for financing agricultural projects in developing countries. During the year, countries receiving IFAD assistance increased to 94. The fund aimed at increasing food production, reducing malnutrition and alleviating rural poverty. It continued to concentrate on low-income, food-deficit countries which received most of IFAD’s lending, and on providing the poorest farmers with the necessary production means and institutional support. Particular emphasis was given to restoring the agricultural capacity of sub-Saharan African countries. IFAD also paid special attention to the issues of women in development (for which four donor Governments had provided special funding of $1.12 million by 1991), cooperation with non-governmental organizations and the environment.

Related Subject(s): United Nations
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