Welcome to SDF’s Second Quarter 2024 Newsletter
As the umbrella regional financial institution for SAARC projects and programs, SDF is dedicated to promoting regional integration and economic cooperation among the SAARC Member States through project funding and collaboration. Since our establishment in April 2010, our Secretariat in Thimphu, Bhutan, has been at the forefront of these efforts.
At the SAARC Development Fund, our mission is realized through strategic initiatives aimed at fostering the region’s growth. We fund regional projects under our Social, Economic, and Infrastructure Windows, and cultivate partnerships for joint initiatives and co-funding opportunities. Over the past twelve years, SDF has launched new projects, forged strategic partnerships, and implemented numerous interventions. These efforts have strengthened our position as a dynamic and robust umbrella-funding institution, enabling us to deliver the benefits of regional engagement to millions across the region.
SDF operates through three financing windows: Social, Economic, and Infrastructure. To date, we have approved around 100 projects with a fund commitment exceeding USD 134 million. This newsletter showcases our ongoing commitment to enhancing the welfare of the people in the SAARC region, improving quality of life, accelerating economic growth, fostering social progress, and alleviating poverty through the financing and implementation of development projects in all SAARC Member States.
Our achievements are made possible through the invaluable contributions of our partners. We extend our heartfelt gratitude to all our partners for their collaboration in achieving sustainable results through our projects. Thank you, and happy reading! Here is the Link