Thursday, June 30, 2011

For battling poverty and hunger, rural agriculture is way forward

The International Fund for Agricultural Development (IFAD) has proposed that investing in rural infrastructure and agriculture are necessary ingredients in the struggle to combat poverty in developing countries.

"Thirty years ago, the IFAD pointed out that combating poverty and hunger should be on the global agenda," Islamic Development Bank Vice President Birama Sidibe said in a statement released by the IFAD during its annual meeting, which this year was held in Saudi Arabia.

"Rural infrastructure is important in poverty reduction. The Islamic Development Bank is interested in how technology can make a difference in alleviating poverty and hunger."