India has contributed 1 million US Dollars to the Poverty and Hunger Alleviation Fund IBSA, established by India, Brazil, and South Africa.

Banking & Finance

India has contributed 1 million US Dollars to the Poverty and Hunger Alleviation Fund IBSA, established by India, Brazil, and South Africa. The fund is aimed at alleviating poverty and hunger. India’s Permanent Representative to the UN, Ambassador Ruchira Kamboj handed over the cheque to the Director of the UN Office for South-South Cooperation (UNOSSC) Dima Al-Khatib.


      The IBSA Facility for Poverty and Hunger Alleviation (IBSA Fund) was established jointly by grouping in March 2004 and it became operational in 2006.

      IBSA Fund-supported projects help partner countries in the Global South to achieve their national priorities, as well as all other internationally agreed development goals.

     

 

     


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