Vietnam attends annual IFAD Governing Council meeting
Wednesday, 08:50, 15/02/2017
Deputy Minister of Finance Tran Xuan Ha attended the 40th session of the Governing Council of the International Fund for Agricultural Development (IFAD), which opened in Rome, Italy, on February 14.
IFAD, an agency of the United Nations, is headquartered in Rome. The establishment of IFAD was initiated in 1974 and the fund officially ran from November 30, 1977.
Since 1978, IFAD has provided around 18.4 billion USD in form of aid and soft loans for many projects in developing countries, helping up to 464 million people escape from poverty.
Vietnam became an IFAD member in 1997.