The fund supports farmers and aids rural women and youth.
The Department of the Treasury pledged $162 million to support the U.N.’s International Fund for Agricultural Development (IFAD). This international financial institution grants funding to support rural communities across the globe, sponsoring local farmers and efforts that aid rural women and youth.
This is the thirteenth replenishment of the international fund, and this contribution makes the United States the leading donor for this round of replenishment.
“IFAD reaches across the last mile to invest in rural people and local food systems to build food security and sustainably transform rural livelihoods,” said Alexia Latortue, Assistant Secretary for International Trade and Development. “IFAD-13 will help alleviate poverty and strengthen resilience for millions of rural women, men, youth and vulnerable people.”
As the Lord Leads, Pray with Us…
- For Assistant Secretary Latortue as she heads the International Trade and Development Office.
- For Secretary Yellen and Treasury Department officials as they administer the nation’s finances.
Sources: Department of the Treasury
