Kathmandu, April 7
The SAARC Development Fund has allocated USD five million for COVID-19 projects in SAARC member states under its Social Window to support member countries in responding to COVID-19 pandemic.
“The objective of the USD 5 million allocation is to provide fund support to member states in their efforts and to protect the people of SAARC member states by mitigating financial losses and severe socio-economic impact of the COVID-19 pandemic,” said CEO of SDF Sunil Motiwal in a press release issued today.
As the virus continues to spread globally, the eight SAARC member states — Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka — have reported more than 8,282 confirmed cases of Coronavirus till yesterday.
India has reported 4,281 cases, Pakistan 3,403, Afghanistan 299, Sri Lanka 178, Bangladesh 88, Maldives 19, Nepal 9 and Bh
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The post SAARC Development Fund allocates five million dollars for COVID-19 projects appeared on Nepal123.com.
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