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IFAD Will Provide US$40 Million for Rural Poverty Reduction in Honduras

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The International Fund for Agricultural Development (IFAD) announced Friday that it will provide US$40 million to Honduras for rural poverty reduction projects. IFAD's representative for Mexico, Central America and the Caribbean, Enrique Murguía Oropeza, signed a cooperative agreement yesterday with President Porfirio Lobo. The signing in Tegucigalpa was also attended by Rebeca Arias, representative of the United Nations Development Program (UNDP). Mr. Murguía and a team from FIDA arrived in Honduras earlier in the week to visit some of the agricultural development projects overseen by the Honduran government. (3/13/10) (photo courtesy Internet)

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