IFAD Asset Request Portlet

Country

Belgium

1977

Year

A

List

US$ 154.06 million

Core Contribution

US$ 84.15 million

Complementary Contribution

US$ 15.65 million

Supplementary Contribution

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IFAD substantially strengthens its investments in Somalia to help small-scale producers cope with climate shocks and food insecurity

February 2023 - NEWS

As Somalia continues to experience a historic drought, pushing millions of Somalians into acute food insecurity, Alvaro Lario, President IFAD announced today during IFAD’s 46th session of the Governing Council that it will substantially strengthen its support to Somalia and resume its direct investments after loan arrears resulted in a three-decade long suspension.