SFD's Board of Directors approves 2011 plan
The meeting discussed and approved the SFD's 2011 Annual Work Plan (AWP) for the implementation of 1,535 projects at an estimated cost of $245 million. The plan covers four programs: Community & Local Development (860 projects worth $173 million), Capacity building (460: $18 million), Small and Micro Enterprises Development (27: $8.5 million) and Labor Intensive Works (187: $45.3 million). At the sector level, such distribution is as follows: Education Sector: 471 projects (worth $81.5 million); Water: 304 ($70 million); Rural Roads: 119 ($29 million); Health: 109 ($7.5 million); Agriculture: 91 ($12.5 million), Training: 84 ($3 million). The remaining 354 projects are distributed over other programs and sectors, including the Environment, Integrated Interventions, Small and Micro Enterprises Development & Business Development Services, Cultural Heritage, Groups with Special Needs and Organizational Support. Contribution of local beneficiary communities mounts to $37.7 million of the total mentioned cost and that of the AWP's total investment cost. After the approval, SFD's Management briefed the BoD on the performance of 2010 plan.