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The Social Fund for Development (SFD) has achieved a growth in performance last year (2009). It implemented 1442 development projects at an increase of 82 projects than in 2008 achieving a growth rate of 10%, and the expenditures of 2009 amounted to USD 218 million at an increase of USD24 million than in the year 2008 at an increase rate of 12% . 39% of the projects (435 projects) were for education followed by 405 water projects. By close of 2009, the SFD had executed 9596 projects at a cost of USD one billion and nine million since the inception of its interventions in 1997, of which 7045 projects were finalized. It is expected that the SFD funding will exceed the expected USD940 million defined by its third phase plan (2004-2010) in order to meet its objectives in contributing to poverty reduction, delivery of development services to the vulnerable communities and groups at operational cost not exceeding 5% of the implementation cost.
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