Austria and IFAD are committed to building a more sustainable, inclusive and resilient future and to jointly eradicating poverty and hunger around the world.

France and IFAD share a commitment to ending poverty and hunger through sustainable rural development. Both place smallholder farmers and rural people at the centre of their agenda and recognize the crucial role of agriculture to increase food security, reduce poverty and mitigate climate change.

Altogether, IFAD has implemented 19 projects in Sri Lanka, benefiting 654,832 households at a total cost of US$654.57 million (with IFAD providing US$340.49 million in financing).

IFAD’s Executive Board approved its first loan to the United Republic of Tanzania in 1978 – the second loan ever approved by the board.