Governing Council also endorses International Day of Family Remittances
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Rome, 17 February 2015 – The International Fund for
Agricultural Development (IFAD) ended its 38th Governing Council meeting today
by renewing its commitment to tackle persistent poverty and continued food
insecurity by transforming rural areas in developing countries through better
quality investments, ensuring greater equality and IFADinclusive growth that
delivers economic benefits for women, youth and other marginalized people.
In his closing
address, IFAD President Kanayo F. Nwanze said that “aid will work itself out of
a job only once we have achieved rural transformation so that rural areas
provide employment, services and opportunities for the three billion people who
live in them, and particularly for those whose lives depend on smallholder
farms.” This echoed Winnie Byanyima, Executive Director of Oxfam International,
who spoke about the future of aid at the inaugural IFAD Lecture Series on the
same day.