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Prez Mahama To Address IFAD

President John Mahama will today deliver a keynote speech to open the 38th session of the Governing Council of IFAD in Italy.

The session is throwing the spotlight on rural transformation as a key to sustainable development. Held annually at the IFAD headquarters in Rome, the Governing Council is the Fund's main decision-making body, and includes all Member States.

This year's session will begin with a roster of distinguished keynote speakers including Tupou VI, King of Tonga and Pier Carlo Padoan, Italy's Minister for Economy and Finance.

The meeting comes at a critical time, as the process of defining a post-2015 global agenda provides opportunities to refocus policies, investments and partnerships for more inclusive, sustainable and people-centred development.

IFAD's objective in Ghana has been to reduce poverty in line with Government's economic development strategy. IFAD has approved US$271.5 million in loans and grants to support 17 projects and programmes in Ghana, and has the third largest IFAD country programme in the West and Central Africa region.

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President Mahama left Accra on Sunday and will return after the ceremony today.

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