Yearbook of the United Nations, 2002. Part 6, Intergovernmental organizations related to the United Nations. Chapter 15, International Fund for Agricultural Development (IFAD)
The International Fund for Agricultural Development (IFAD) continued in 2002 to promote the economic advancement of the rural poor by providing resources to low-income countries on highly concessional terms and designing and implementing innovative, cost-effective and replicable programmes with sustainable impact. The twenty-fifth session of the Governing Council (Rome, 19-20 February) established the Consultation on the Sixth Replenishment of IFAD's Resources (2004-2006) and approved the 2002 administrative budget in the amount of $41.7 million. The Executive Board held three regular sessions (April, September, December); it approved loans for 25 projects and programmes, 15 grants and debt relief for 26 countries within the framework of the Heavily Indebted Poor Countries Initiative. IFAD membership remained at 162 States, of which 23 were in List A (developed countries), 12 in List B (oil-exporting developing countries) and 127 in List C (other developing countries), of which 49 were in Sub-List C1 (Africa), 47 in Sub-List C2 (Europe, Asia and the Pacific) and 31 in Sub-List C3 (Latin America and the Caribbean).
Yearbook of the United Nations, 2002. v. 56; Vol. 56
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