Rome, 15 December 2006 - The
Executive Board of the International Fund for Agricultural Development
(IFAD) has approved US$284.1 million in loans and US$2.5 million in grants
to improve the living conditions of poor rural people in 16 countries.
The 89th session of the Board, which
met 12-14 December at IFAD's headquarters in Rome, approved loans and
grants to support rural development projects and programmes in Argentina,
Bolivia, Burkina Faso, China, Egypt, Eritrea, Haiti, India, Laos, Mali,
the Niger, Sri Lanka, the Sudan, Tanzania, Turkey and Uganda.