IFAD committed to supporting Pakistan in poverty alleviation: Kanayo
In an exclusive talk with Radio Pakistan, IFAD President says agriculture is the largest sector in Pakistan's economy.
President International Fund for Agricultural Development (IFAD) Kanayo F. Nwanze says IFAD is committed to supporting Pakistan to tackle rural poverty to promote sustainable agriculture.
In an interview with Radio Pakistan's News and Current Affairs Channel on Wednesday, he said IFAD is working on livestock as well.
Kanayo F. Nwanze said IFAD has been working in Pakistan since 1978, and it has provided assistance of more than 600 million dollars in 26 projects across the country, benefiting more than two million households.
He said Pakistan is one of the best contributors of IFAD as member since 1978.
He said agriculture is the largest sector in Pakistan's economy, accounting for 42.3 percent employment and the primary source of livelihood of the rural people.
To a question, President International Fund for Agricultural Development said Pakistan is capable to achieve the poverty reduction targets set in Vision-2025 as its policies are effective and IFAD is supporting the government priorities in this regard.
He said development is the only way to eliminate terrorism and extremism from the country and peace is necessary for development projects.
He said Pakistan has two strong structures, including Pakistan Poverty Reduction Fund and Benazir Income Support Program, which will help alleviate poverty from the country, and these two segments are working effectively in rural areas.
He said Pakistan has the largest population of young people, which is very power full and asset of Pakistan. He said this young population can play important role in the development of the country.