BoD praises the SFD successes and underpins its role in fighting poverty
The first extraordinary meeting, on February 3, discussed the measures of vacancy announcement and selection of a new SFD Managing Director, while the second one held on March 10, 2013 approved the SFD's 2013 Action Plan that was said to implement 1,623 projects at an estimated cost of $ 310 million. The BODs praised the SFD successes in fighting poverty and producing economic indirect changes to develop performance of contractors and increase skilled labors.
The distribution of approved projects covered programs of the Community Development (907 projects at $215.8 million), Labor-intensive Works (239 projects, $65.5 million), Capacity-Building and Organizational Support (445 projects, $20.2 million, and Microfinance (32 projects, $8.5 million).
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