Pakistan reviews $1.2bn IFAD portfolio to boost rural development
MG News | February 13, 2026 at 12:27 PM GMT+05:00
February 13, 2026 (MLN): Pakistan discussed ongoing and future rural development projects with the International Fund for Agricultural Development (IFAD).
The discussions focused on food security, poverty
reduction, climate resilience, and innovative financing for smallholder
communities.
The country’s portfolio with IFAD now exceeds $1.2bn,
covering projects across all provinces, including some of the most remote
regions such as Gilgit-Baltistan, Balochistan, and South Punjab, according to
the press release.
Federal Minister for National Food Security &
Research, Rana Tanveer Hussain, led Pakistan’s delegation at the 49th Session
of the Governing Council of IFAD in Rome.
During a bilateral meeting with IFAD President Alvaro
Lario, the Minister reviewed the progress of IFAD-funded projects in Pakistan,
future areas of cooperation, and Pakistan’s continued engagement in IFAD
replenishment cycles.
He extended a formal invitation to President Lario to
undertake an official visit to Islamabad.
President Lario recalled the signing of the bilateral
Home Country Agreement in July 2023 and the subsequent establishment of IFAD’s
Home Country Office in Islamabad.
He appreciated Pakistan’s historic role as a founding
member of IFAD and expressed interest in visiting Pakistan to further deepen
collaboration.
The meeting reviewed the steady implementation of
projects under Pakistan’s current country strategy, which focuses on rural
development, poverty reduction, food security, and climate resilience.
Minister Hussain highlighted that IFAD-supported
initiatives are reaching remote and underserved areas and are particularly
effective in empowering rural women, strengthening smallholder farming systems,
and promoting climate-smart agriculture.
During the visit, Minister Hussain also welcomed the forthcoming visit of IFAD Executive Vice President Donal Brown, expected in March.
Brown recalled his previous interactions with Pakistani leadership and
expressed his intention to continue close coordination with Pakistan on future
development initiatives.
At a high-level roundtable marking ten years of the
International Day of Family Remittances, the Minister highlighted Pakistan’s
position among leading remittance-receiving countries.
He emphasized government efforts to promote financial
inclusion and channel remittances into productive sectors, including
agriculture and small and medium enterprises.
Speaking at a thematic session on investing in young
entrepreneurs, he underscored the importance of connecting farmers to markets
and creating opportunities for rural youth through value chain development and
agribusiness support.
Pakistan’s partnership with IFAD dates back to 1978. Over
the decades, IFAD has financed 26 projects and programmes in the country with a
cumulative portfolio exceeding $2.3bn, including government and co-financing
contributions.
Currently, four major projects are under implementation,
aimed at enhancing agricultural productivity and supporting women through asset
transfers and livelihood schemes.
They also focus on expanding irrigation and market access
in mountainous areas, and graduating vulnerable households out of poverty
through integrated support programmes.
Rana Tanveer Hussain reiterated Pakistan’s commitment to
fulfilling obligations under IFAD replenishments and designing new-generation
initiatives, including proposed climate-focused interventions, in close
coordination with the Fund.
The visit also shows Pakistan’s continued engagement with
Rome-based UN agencies, including IFAD, FAO, and WFP.
It demonstrates the government’s resolve to advance
inclusive rural growth, ensure food security, and build resilience against
climate and economic challenges.
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