Politics

Vietnam attends annual IFAD Governing Council meeting

Deputy Minister of Finance Tran Xuan Ha attended the 40th session of the Governing Council of the International Fund for Agricultural Development (IFAD), which opened in Rome, Italy, on February 14.
Vietnam attends annual IFAD Governing Council meeting ảnh 1The 40th session of the Governing Council of the International Fund for Agricultural Development (IFAD)(Source: webapps.ifad.org)
Rome (VNA) – Deputy Minister of Finance Tran Xuan Ha attended the 40th session of the Governing Council of the International Fund for AgriculturalDevelopment (IFAD), which opened in Rome, Italy, on February 14.

The two-day session with the participation of the IFAD leadership, leaders froma number of countries and international organisations and representatives from176 IFAD member countries will elect a new president for the IFAD as currentPresident Kanayo F. Nwanze, from Nigeria, will accomplish his second term onMarch 31.

IFAD, an agency ofthe United Nations, is headquartered in Rome. The establishment of IFAD wasinitiated in 1974 and the fund officially ran from November 30, 1977.

Since 1978, IFAD has provided around 18.4 billion USD in form of aid and softloans for many projects in developing countries, helping up to 464 millionpeople escape from poverty.

Vietnam became an IFAD member in 1997.-VNA
VNA
#International Fund for Agricultural Development#IFAD
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