IFAD Governing Council meeting kicks off in Rome

Published: 13 Feb 2018   

Online Desk

The 41st session of the Governing Council of the International Fund for Agricultural Development (IFAD) kicked off at the IFAD Headquarters in Rome this morning.

The theme of the session is "From fragility to long-term resilience: Investing in sustainable rural economics".

IFAD President Gilbert F Houngbo delivered the welcome statement while Bangladesh Prime Minister Sheikh Hasina will deliver the keynote speech at the session.

A video message of UN Secretary General Antonio Guetteres was broadcast in the inaugural session, BSS reports.

On behalf of the Peruvian president, Minister for Agriculture and Irrigation of the Republic of Peru Jose Berley Arista Arbidlo will also address the inaugural session of the meeting.

At the outset of the meeting, the IFAD elected Hans Hoogervorst of the Netherlands as the new chairperson of its governing council for the next two years.

Bangladesh Finance Minister Abul Maal Abdul Muhith, Agriculture Minister Begum Matia Chowdhury and Foreign Minister AH Mahmood Ali, among others, are attending the meeting.

The Governing Council is IFAD's main decision-making body. It consists of all of IFAD's Member States and meets annually. It is attended by the official Member State representatives, i.e. Governors, Alternate Governors and any other designated advisers. Observers are also invited to attend sessions.

All powers of the Fund are vested in the Governing Council, which takes decisions on issues such as approval of new membership; appointment of the President of IFAD; matters pertaining to the permanent seat of the Fund; approval of the administrative budget and adoption of broad policies, criteria and regulations. 

People have to wait to see my wedding: Alia Bhatt

People have to wait to see my wedding: Alia Bhatt

Actress Alia Bhatt has made it clear that her well-wishers ...

Khaleda Zia seeks stay on Orphanage Trust verdict

Khaleda Zia seeks stay on Orphanage Trust verdict

A provisional leave to appeal was filed on Monday seeking ...

Clashes between pro-Turkish rebels kill 25 in Syria

Clashes between pro-Turkish rebels kill 25 in Syria

Clashes on Sunday between Turkish-backed rebel factions vying for influence in ...

BNP interviewing nomination seekers on 2nd day with Tarique on video call

BNP interviewing nomination seekers on 2nd day with Tarique on video call

BNP has started interviewing its nomination hopefuls to finalise the ...

Blind Australians get bionic vision to partially restore sight

Blind Australians get bionic vision to partially restore sight

Four blind Australians have had their vision partially restored through ...

One killed in Kushtia ‘gunfight’

One killed in Kushtia ‘gunfight’

A suspected robber was killed in a reported gunfight between ...

Australia  PM's 'lewd' reply angers Anderson

Australia PM's 'lewd' reply angers Anderson

Actress Pamela Anderson has criticised Australia's prime minister for making ...

Action against Tarique if there is law: EC Rafiqul

Action against Tarique if there is law: EC Rafiqul

Election Commissioner Rafiqul Islam has said that the Election Commission ...