SAARC development fund allocates $5mn for Covid-19 projects_00.1
Current Affairs   »   SAARC development fund allocates $5mn for...

SAARC development fund allocates $5mn for Covid-19 projects

SAARC development fund allocates $5mn for Covid-19 projects_50.1

The South Asian Association for Regional Cooperation (SAARC) Development Fund (SDF) has allocated $5 million for COVID-19 related projects in its member states. This project will be funded by the SDF under its Social Window thematic areas. SDF’s social window primarily funds projects on poverty alleviation, social development focusing on education, health, and human resource development, among others.

Click Here To Get Test Series For SBI PO 2020

The objective of the Projects:

  • The objective of the US$ 5 million allocations is to provide fund support to the Member States in their efforts and to protect the people of the SAARC Member States by mitigating the financial losses and severe socio-economic impact of the COVID-19 pandemic.
  • The SDF is currently implementing 90 projects in all SAARC member states under its three funding windows, economic, infrastructure and social, with a total fund commitment of $198.24 million.

Important takeaways for all competitive exams:

  • SAARC 8 members states include Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.
  • Headquarters of SAARC: Kathmandu, Nepal.
  • Secretary-General of SAARC: Esala Ruwan Weerakoon.
  • Chief Executive Officer (CEO) of SDF: Sunil Motiwal.

Find More International News

SAARC development fund allocates $5mn for Covid-19 projects_60.1

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

Thank You, Your details have been submitted we will get back to you.
[tbare-plugin-demo]

Leave a comment

Your email address will not be published. Required fields are marked *

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Login

OR

Forgot Password?

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Sign Up

OR
Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Forgot Password

Enter the email address associated with your account, and we'll email you an OTP to verify it's you.


Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to
/6


Did not recive OTP?

Resend in 60s

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Change Password



Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Almost there

Please enter your phone no. to proceed
+91

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to Edit Number


Did not recive OTP?

Resend 60

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?