Status Report on U.S. Participation in the International Fund for Agricultural Development

The International Fund for Agricultural Development (IFAD) was established as a specialized agency of the United Nations to mobilize an additional $1 billion to attack the problem of world hunger. Contributions to IFAD were to be equitably shared by countries of the Organization for Economic Cooperation and Development and by countries of the Organization of Petroleum Exporting Countries. IFAD is expected to commit its available funds by mid-1981 and is seeking a replenishment to continue its operations. The two groups of donors have been unable to reach an agreement on equitable burden sharing.