SAARC Development Fund (SDF) contributes $5 Mn for COVID-19 projects. Aims to support people of the member states in their fight against Corona. Mitigate the financial losses and socio-economic impact caused by the pandemic. To be eligible, the project must include at least 3 member nations. Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan & Sri Lanka are members. SDF is currently conducting 90 projects in all SAARC member states. Processes -from approvals to fund disbursements- shall be as per SDF standards. SDF has 3 funding windows: Economic, infrastructure and social. SDF’s total fund commitment for the cause accounts to $198.24 Mn.
