Vice President of UN agency renews commitment to fighting poverty in rural Pakistan

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Vice President of UN agency renews commitment to fighting poverty in rural Pakistan

©IFAD/Asad Zaidi

A rural woman, Aami Bibi, milks her goat in Village Haji Wassayo Bhatti, Mitiari Disrict of Sindh, Pakistan. She has taken loan of 10,000 rupees (approximately 110 US$) from an IFAD-supported farming collective (SAFWCO) to buy her goats.

Islamabad, 17 May 2016 – The Vice President of the International Fund for Agricultural Development (IFAD), Michel Mordasini, arrives in Pakistan today to reaffirm the organization’s commitment to fighting rural poverty in the country. During his four-day visit, he will meet with government ministers and other development partners.

According to the Government of Pakistan’s new formula to measure poverty adopted last month, nearly 60 million people live below the poverty line. This is almost a third of the population, the majority of whom live in rural areas.

“IFAD has a long history in Pakistan, working in some of the most remote and challenging parts of the country,” said Mordasini. “IFAD is committed to strengthening our partnership with the Government to create more opportunities for rural people to move above the poverty line and to stay there.” 

During his visit, Mordasini will meet with Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization, Mohammad Ishaq Dar; Advisor to the Prime Minister on National Security and Foreign Affairs, Sartaj Aziz; Minister for National Food Security and Research, Sikandar Hayat Khan Bosan; and Chief Minister of Punjab, Muhammad Shahbaz  Sharif.

Mordasini will also visit the IFAD-supported Southern Punjab Poverty Alleviation Project, which is helping about 80,000 rural families, many of whom are landless casual labourers, to access low-cost housing and generate sustainable incomes.  

IFAD’s priority in Pakistan is to help the ultra-poor create assets and find employment opportunities. With about one in 10 young people unemployed, IFAD has a particular focus on helping the youth access skills training and entrepreneurial activities.

Since 1978, IFAD has invested more than US$604 million in 26 programmes and projects in Pakistan, benefiting over 2 million households.

 

Press release No.: IFAD/28/2016

IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience. Since 1978, we have provided about US$17.7 billion in grants and low-interest loans to projects that have reached some 459 million people. IFAD is an international financial institution and a specialized United Nations agency based in Rome – the UN’s food and agriculture hub.