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IFAD's highest decision-making authority

The Governing Council is IFAD’s main decision-making body. It consists of all of IFAD’s Member States and meets annually. It is attended by the official Member State representatives, i.e. Governors, Alternate Governors and any other designated advisers. Observers are also invited to attend sessions.

All powers of the Fund are vested in the Governing Council, which takes decisions on issues such as approval of new membership; appointment of the President of IFAD; matters pertaining to the permanent seat of the Fund; approval of the administrative budget and adoption of broad policies, criteria and regulations.

Governing Council Sessions are chaired by the Chairperson of the Governing Council Bureau. For two-year terms, the Bureau is composed of a Chairperson and two Vice-Chairpersons representing each of the three Lists of the Member States of the Fund.

Governing Council Bureau

As per Rule 12, paragraph 1 of the Rules of Procedure of the Governing Council “The Governing Council shall at alternate annual sessions elect from among the Governors a Bureau consisting of a Chairperson and two Vice-Chairpersons who shall serve for two years and shall hold office until their successors are elected.”

The current Bureau, elected at the thirty-ninth session of the Governing Council in 2016, is composed of the Chairperson from India and the Vice-Chairpersons from Finland and Indonesia.


Latest sessions

41st session of the Governing Council

febrer 2018 - EVENT
IFAD's 41st Governing Council, held on 13 and 14 February, is on the theme From fragility to long-term resilience: investing in sustainable rural economies.

40th session of the Governing Council

febrer 2017 - EVENT
IFAD’s 40th Governing Council, held 14 and 15 February 2017, will focus on the appointment of the Fund's new President. The Governing Council is IFAD’s main decision-making body and the President is the most senior position with responsibility for leading the organization. 

39th session of IFAD's Governing Council: Promoting inclusive investment

febrer 2016 - EVENT
The 39th session of IFAD’s Governing Council was held on 17 to 18 February 2016 with a focus on the role of inclusive investment in the post-2015 agenda. 

Session documents

42nd session of the Governing Council

13 February 2019 - 14 February 2019

41st session of the Governing Council

13 February 2018 - 14 February 2018

40th session of the Governing Council

14 February 2017 - 15 February 2017

39th session of the Governing Council

17 February 2016 - 18 February 2016

38th session of the Governing Council

16 February 2015 - 17 February 2015