SAARC Development Fund (SDF) has approved USD 7.7 million (M) to seven of its member countries for projects in response to the COVID-19 pandemic
SAARC Development Fund (SDF) has approved USD 7.7 million (M) to seven of its member countries for projects in response to the COVID-19 pandemic.
The projects were approved under SDF’s Social Window-health thematic area to support the countries in responding to the pandemic.
Bhutan, Bangladesh, Maldives, Nepal, Pakistan and Sri Lanka received USD 1.2 million each and Afghanistan received USD 1.54 million for the projects.
The grant proposal was submitted to SDF by health ministries of the seven SAARC member countries.
SDF’s Chief Executive Officer Sunil Motiwal (PhD) said, “The objective of this emergency COVID-19 grant assistance is to provide fund support to the Member States in their efforts against the pandemic and to protect the people of the SAARC Member States during these uncertain times.”