International Fund for Agricultural Development
Profile
- Type
- un_agency
- Home
- multilateral
- BD office head
- Valantine Achancho
- In Bangladesh since
- 1978
- Modality
- mixed
- Cumulative commitment
- $913,400,000
- Active portfolio
- $519,000,000
Active with six ongoing projects (about $519 million); new Dhaka country office opened 2024 and new Country Director in post.
Recent activity
- 2024-07-01 appointment Dr Valantine Achancho took office as IFAD's Country Director for Bangladesh, effective July 2024. ↗
- 2024-05-03 new_programme IFAD inaugurated its new country office in Dhaka, deepening its partnership with Bangladesh on rural development. ↗
Provenance & notes
IFAD's first loan to Bangladesh was approved in 1978. cumulative_commitment_usd recorded as $913.4 million, the figure cited (via the Bangladesh Embassy in Rome / IFAD) for IFAD's direct loans and grants across 34 rural development projects. NOTE on scope: IFAD's own communications also cite about $3.9 billion in total financing mobilized (including counterpart/co-financing) and a cumulative programme of about $2.3 billion; the conservative IFAD-direct figure is used for the structured field. active_portfolio_usd recorded as $519 million across six ongoing projects (IFAD investment). Valantine Achancho is the current Country Director (since July 2024); Arnoud Hameleers was his predecessor.
Sources
- https://www.ifad.org/en/web/operations/w/country/bangladesh
- https://bangladesh.un.org/en/268465-ifad-deepens-partnership-bangladesh-opens-new-office-drive-rural-development
- https://bangladesh.un.org/en/278558-ifad%E2%80%99s-new-country-director-bangladesh-reassures-continuous-support-transforming-rural
- https://rome.mofa.gov.bd/bn/site/page/IFAD-in-Bangladesh