IFAD (International Fund for Agricultural Development) was formed in 1977 after the late 70's global food crisis and in response to the systemic poverty and hunger that persisted in rural areas of developing countries. It is a specialized agency of the United Nations that aims to empower poor, rural people to improve their livelihoods and food security.

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The IFAD Was Formed

Question 31

Multiple Choice

The IFAD was formed

A) in order to improve Internet E-commerce
B) so as to reduce the dependence on the SEC
C) after the late 90's Asian financial crisis
D) to control dumping

Correct Answer: