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IFAD Annual report 2003
Learn more about IFAD’s work to promote rural transformation in our 2003 Annual Report. Discover how our investments are empowering rural women and men, and review the facts and figures we share with our Member States and partners. You can also find out more about our advocacy work on behalf of rural communities worldwide.
Potenciar la capacidad de acción de los pobres de las zonas rurales mediante el acceso a la tierra
A pesar de que las personas pobres que viven en las zonas rurales son los principales productores agrícolas del mundo, en muchos casos no tienen acceso a sus tierras y no ejercen control sobre los recursos naturales de los que depende su subsistencia.اللغات الإضافية: Spanish, Portuguese
Annual report 2003 - part two
IFAD works with rural poor people, governments, financial and development institutions, non-governmental organizations, the private sector and other partners to design and implement projects and programmes that are innovative, cost-effective and replicable. Most of IFAD’s resources are provided to low-income countries on highly concessional terms, repayable over 40 years, including a grace period of ten years and a yearly service charge of 0.75 per cent. Since its founding, IFAD has financed 653 projects and programmes in 115 countries and territories for a total commitment of approximately USD 8.1 billion.
Annual report 2003 - part three
IFAD’s current investment policy was adopted in December 2001. The policy allocates five per cent of investments in cash, 44 per cent in government bonds, 23 per cent in diversified fixed-interest instruments, 18 per cent in inflation-indexed bonds and ten per cent in equities. These allocations were implemented with the exception of the asset class for inflation-indexed bonds until June 2003, when two such investments were made, bringing the class to some ten per cent of the overall portfolio. The remaining unfunded amount was held in the government bonds portfolio and, to a lesser extent, in the internally managed portfolio.
IFAD in Turkey
The International Fund for Agricultural Development (IFAD) supports the Turkish Government’s poverty-reduction policy, which gives priority to the development of economically depressed regions. In remote areas, particularly in mountainous regions, the lack of physical and social infrastructure, such as roads, schools and hospitals, exacerbates the isolation of rural people. IFAD–funded projects help rural poor people overcome economic, physical, intellectual and social isolation. IFAD loans support projects that help rural poor people, particularly women, improve their living conditions and overcome poverty.
IFAD annual report 2002 - part 3
The Fund’s ongoing change process aims to strengthen teamwork, management capabilities and accountability while ensuring alignment with its corporate strategy and objectives. In 2002 the Fund adjusted its structure to create a more focused and consolidated organization – one that delivers positive change in the context of the strategic framework. The Offices of the President and Vice-President were integrated so as to consistently function as a team. The Office of the Vice-President is charged with cross-departmental responsibilities, thus enabling this office to better assist the President on a wide range of business and management issues. This, in turn, has enabled the President to increase leadership and management capacity, which allows for greater flexibility in addressing key internal and external needs and, at the same time, provides greater scope for staff communication and interaction. Crossdepartmental responsibilities have also enabled the Vice-President to concentrate more on implementation and follow-up. In addition, a Finance and Administration Department has been created and consists of the Offices of the Controller, Treasurer and Human Resources, the Management Information Systems Division, and Administrative Services. The new External Affairs Department consolidates the main externally oriented functions – Communications Division, Office of the Secretary, Resource Mobilization, and Policy Division – into one department. Communications includes publications, web coordination and media. The Protocol function, which was previously under Administrative Services, has moved to the Office of the Secretary. The Programme Management Department remains unchanged. The chart below illustrates the new organizational structure.
IFAD annual report 2002 - part 2
Strengthening the capacity of the rural poor and their organizations is a central element in all projects approved in 2002 for the region. The Cameroon Community Development Support Project, for example, will help develop the social capital of the rural poor in an area covering both the forest and Sahelian zones of the country. This will be done through support to grass-roots organizations and local development institutions, promotion of functional literacy, and establishment of participatory planning processes for local development, in which traditionally marginalized groups can have an effective voice. The Niger Project for the Promotion of Local Initiative for Development in Aguié, which is a second-phase operation, seeks to consolidate innovative first phase accomplishments by further strengthening consultation and decentralized decision-making processes between rural communities and public and private service providers.
IFAD Annual Report 2002
Learn more about IFAD’s work to promote rural transformation in our 2002 Annual Report. Discover how our investments are empowering rural women and men, and review the facts and figures we share with our Member States and partners. You can also find out more about our advocacy work on behalf of rural communities worldwide.
The rural poor - Survival or a better life?
This paper outlines the social and environmental reasons why the international development community should give higher priority to helping poor people, especially those in areas that are biophysically marginal or socio-economically marginalized. Sustainable rural development depends on successfully addressing the twin challenges of poverty and environmental degradation. There are 1.2 billion people living in extreme poverty, and of these, 900 million live in rural areas where they depend directly or indirectly on agriculture to survive. The paper gives a brief overview of rural development in the context of the Millennium Development Goals and AGENDA 21, which call for concerted action to address the problems of the rural poor and the limitations of their natural resource base.