Social Fund for Development (Egypt)
- Social Fund for Development (Egypt)
Social Fund for Development (Egypt) was established in 1991 by a Presidential decree # 189. SFD was created with a capital of 1.1 Billion Egyptian Pounds to alleviate the hardship created by the returning Egyptian workers from the Gulf area as a result of the First Gulf War. SFD focuses on sustainable development projects.
SFD created 355,000 job opportunities, affecting 1.3 million beneficiaries.
Major donors are: the European Union, KfW, JAICA, Kuwaiti Development Fund.
Wikimedia Foundation.
2010.
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