President to address IFAD Session

The President, John Dramani Mahama, will today deliver a keynote address at the 38th Session of the Governing Council of the International Fund for Agricultural Development (IFAD) in Rome, Italy.

A statement issued by the Flagstaff House Communications Bureau and copied The Ghanaian Times said, the spotlight of the Session would be on rural transformation as a key to sustainable development.

It said the annual Governing Council meeting at the IFAD Headquarters in Rome, involving all member states, was the Fund’s main decision-making body.

The statement said this year’s session would begin with a roster of distinguished keynote speakers, including President Mahama, His Majesty Tupou VI, King of Tonga and Pier Carlo Padoan, Minister for Economy and Finance of the Italian Republic.

According to the statement, the meeting comes at a critical time, as the process of defining a post-2015 global agenda provides opportunities to refocus policies, investments and partnerships for more inclusive, sustainable and people-centred development.

It said, IFAD’s objective in Ghana has been to reduce poverty in line with government’s economic development strategy.

IFAD, according to the statement, approved 271.5 million dollars in loans and grants to support 17 projects and pro-grammes in Ghana, and has the third largest IFAD country programme in the West and Central Africa Regions.

The President is expected back home today.

By Times Reporter

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