The
Social Fund for Development was established in 1997 by Law
No.10 as one of the measures to cushion the effects of the
government’s reform programs on vulnerable groups, especially
the poor.
The
SFD was formed as an autonomous agency with financial and
administrative independence, governed by a Board of Directors,
representing the government, NGOs, and the private sector
under the chairmanship of the Prime Minister.
The
SFD seeks to reduce poverty by improving living conditions
and providing income generating opportunities for the poor.
|
