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IFAD regional director visits Bangladesh

Staff Correspondent
23 May 2022 00:00:00 | Update: 23 May 2022 01:08:56
IFAD regional director visits Bangladesh
IFAD Regional Director Reehana Rifat Raza, along with delegates from Rome, meets with project participants in the Jashore district–Courtesy Photo

The newly appointed Regional Director for the Asia and Pacific Division Reehana Rifat Raza at the International Fund for Agricultural Development (IFAD), was on mission to Bangladesh this week -on her first official visit to the region.

The purpose of the visit was to meet with government counterparts, key development partners, the IFAD team in Bangladesh and to visit ongoing projects in the field.

In Dhaka, the IFAD delegation met the Additional Secretary and Wing Chief, Amal Krishna Mandal, Economic Relations Division of the Ministry of Finance. She took the opportunity to personally praise the Government of Bangladesh for pledging US$2 million to IFAD’s 2022-2024 replenishment cycle. This is the highest amount that Bangladesh has pledged during its 42-year membership to the fund.

Raza visited activities implemented under IFAD’s Bangladesh portfolio, which is composed of eight ongoing projects with a total investment of US$1.25 billion, including IFAD financing of $475 million, making Bangladesh IFAD’s second-largest country programme overall.

“It is a priority for IFAD to invest in a country like Bangladesh that seeks to address development work in key thematic areas such as climate change, youth, gender, food security and nutrition in its current and future development goals,” said Raza. She also commended the robust implementing capacity of national partners, which has been key to the success of the large and complex development portfolio.

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