With the deadline for achieving the Millennium Development Goals (MDGs) just three years away, a senior United Nations official today emphasized that spending on agriculture is the most effective type of investment for halting poverty in Africa.
"Increasing investment in agriculture is essential to achieving the MDGs," said the President of the International Fund for Agricultural Development (IFAD), Kanayo F. Nwanze. "Investments in agriculture are more effective in lifting people out of poverty than investments in any other sector - they not only drive economic growth and set the stage for long-term sustainable development, they pay high dividends in terms of quality of life and dignity for poor rural people."
Mr. Nwanze's comments came on the eve of his departure to Addis Ababa, Ethiopia, where he will join African ministers at high-level meetings to plan concrete actions to push growth in the continent, by ensuring that agriculture is at the top of national agendas.
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