The Social Fund for Development (SFD) is launched with a capital of $ 300 million

Wednesday 30 January


Baghdad - conscious

Minister of Planning Dr. Nouri Sabah al-Dulaimi announced on Wednesday the launching of the Social Fund for Development with an initial capital of 300 million dollars in partnership with civil society organizations and with the support of the World Bank to support the ministry's strategic plans to alleviate poverty.

Dr. Nouri al-Dulaimi said during the press conference held at the ministry's headquarters that the fund will start its work based on the results of the rural development survey in three governorates as the first stage, Muthana as the poorest and Salahuddin as the most affected and poor in the rural areas. Which received large numbers of displaced persons.

The Minister of Planning added that four governorates will be included in the second year of the Fund's work. All governorates will be covered in the third year. The Social Fund for Development will support the direct services of citizens, especially education, health, job creation and youth capacity building.

He pointed out that the ministry was able to obtain the World Bank's support without any benefits. He called on all international donors to increase support for the government's strategic plans to provide the best services to the citizens and improve their standard of living, stressing the selection of executive elements with experience and experience. .



Dr. Nouri al-Dulaimi pointed to the importance of the optimal guidance for this support, and the lack of dispersion, as happened in the past. This dispersion has returned to one of the factors affecting the increase of poverty and unemployment in Iraq, stressing that this is what prompted the ministry to search for effective solutions, The idea of ​​establishing the Social Fund for Development.


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