Annual report 2003 - part 2

June 2004
In 2003, IFAD celebrated its 25th anniversary. The Governing Council and other events during the year highlighted IFAD’s growth over the past quarter century into
a mature development institution focused on eradicating rural poverty. The timely and successful completion of the Sixth Replenishment at the 2003 Council
underlined the commitment of Member States to IFAD’s mission. The Governing Council also agreed to initiatives to strengthen the institution in the coming years.

Annual report 2003 - part 3

June 2004
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

May 2004

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

February 2003
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

February 2003
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

February 2003

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?

September 2002
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.

Enabling the rural poor to overcome their poverty

June 2002
IFAD is an international financial institution and a specialized United Nations agency dedicated to eradicating poverty and hunger in rural areas of developing countries.
Through low-interest loans and grants, it develops and finances programmes and projects that enable poor rural people to overcome poverty themselves.
Additional languages: English, French, Italian, Spanish

IFAD and NGOs - Dynamic partnership to fight rural poverty

May 2002
IFAD’s collaboration with NGOs began shortly after the creation of the Fund, when it supported the Small
Farmer Agricultural Credit Project in Bangladesh.
In 1976, an NGO, led by Professor Mohammed Yunus of Chattagong University, started an innovative
approach to credit delivery to the rural poor, especially to women and the landless, in a single village. The formation
and training of small groups through which loans were provided was a central feature of the initiative.
Mobile credit officers brought the service to the villagers, and effective supervision of loan recoveries ensured
repayment rates of close to 98%.

IFAD Annual Report 2001

May 2002
Learn more about IFAD’s work to promote rural transformation in our 2001 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.

Annual Report 2001 - part 2

February 2002
At its Twenty-Fourth Session in February 2001 the Governing Council approved a document entitled Partnerships for Eradicating Rural Poverty – Report of
the Consultation to Review the Adequacy of the Resources Available to IFAD 2000-2002. The document contains a plan of action for improvement of the
Fund’s operations with respect to project portfolio performance and impact assessment, knowledge management, policy and institutional environment and strategic
partnerships.

Annual report 2001 - part 3

February 2002
IFAD overall staffing levels for 2001 increased by approximately 9% from those of 2000, with 132 professional and higher-category positions (excluding the
positions of President and Vice President) and 181 general service positions. The increase in staffing levels results from the regularization of long-term temporary
general service staff into fixed-term positions (from 158 in 2000 to 181 in 2001). As at 31 December 2001, the number of filled positions totaled 283.5; of these
positions, 113 were in the professional category and above, and 170.5 in the general service category. Staff in the professional and higher categories comprised
nationals of 49 Member States, reflecting the Fund’s adherence to the principle of geographical distribution, and the proportion of women stood at 33%.