Enabling poor rural people
to overcome poverty


Latest press releases

IFAD reaffirms its commitment to promote pro-family-farming policies in Latin America
Montevideo, 29 June 2015 –In launching the fifth phase of the FIDA-MERCOSUR programme in Montevideo today, the International Fund for Agricultural Development or IFAD (FIDA in Spanish) confirmed its commitment to promoting pro-family-farming policies in Latin American and the Caribbean.

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IFAD awards excellence in remittances for social and economic development
Milan, 18 June 2015: The United Nations International Fund for Agricultural Development (IFAD) will award a bank, an NGO, a CEO and a private company for their efforts to help remittance recipients leverage the funds they receive for greater social and development impact. The awards will be presented at the fifth Global Forum on Remittances and Development (GFRD) in Milan at 5 pm today.

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IFAD financing to boost wool and mohair production and increase smallholder farmers' incomes in the Kingdom of Lesotho
Rome, 17 June 2015 – Today the Kingdom of Lesotho and the International Fund for Agricultural Development (IFAD) signed an agreement for a US$5.8 million loan, a $5.8 million IFAD Debt Sustainability Framework grant and an additional $7 million grant from IFAD’s Adaptation for Smallholder Agriculture Programme (ASAP) to finance the Wool and Mohair Promotion Project (WAMPP).


International Day of Family Remittances to be observed for the first time
Milan, 16 June 2015: More than 400 policymakers, private-sector stakeholders and civil-society representatives observed the first International Day of Family Remittances today at the opening of the fifth Global Forum on Remittances and Development in Milan.


Remittances from Europe top $109 billion, providing lifeline to millions worldwide
Rome, 15 June 2015: Last year migrant workers living in Europe sent home US$109.4 billion in remittances, providing a lifeline to more than 150 million people around the world, according to the report “Sending Money Home: European flows and markets” released today by the International Fund for Agricultural Development (IFAD). And while this amount represents a quarter of remittances flows worldwide, one of the key findings of the report is that benefits for families back home could be much higher if they had access to more competitive money transfer markets and targeted financial services to help them save and/or invest their funds.

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Global Forum on Remittances and Development "International Day of Family Remittances"
The fifth Global Forum on Remittances and Development (GFRD) is a unique event bringing together more than 400 policy-makers, private-sector stakeholders and civil-society leaders to pave the way for leveraging the development impact of remittances. The forum will open with the observance of the First International Day for Family Remittances on 16 June


IFAD-funded initiative in India shows positive impact on target populations, but found to be overly complex in programme design
New Delhi, 11 June 2015 - A development programme funded by the UN’s International Fund for Agricultural Development (IFAD) in neighboring Indian states Chhattisgarh and Jharkhand has had an overall positive impact on 490,000 poor rural people by increasing incomes, improving agricultural production, mobilizing communities and developing micro-finance groups, according to an evaluation report presented today. Areas in need of improvement were also identified, including simplifying project design in the future.

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