| 词条 | Social Fund for Development (Egypt) |
| 释义 |
Social Fund for Development (Egypt) was established in 1991 by a Presidential decree # 189 and with support of the United Nations Development Programme. 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. According to Magdy Moussa, Middle East Regional Director at Plant Finance, "SFD was regarded as a social safety net associated with the Government of Egypt's agreement to undertake its extensive Economic Reform and Structural Adjustment Program."[1] SFD focuses on sustainable development projects.{{Citation needed|date=June 2012}} Also according to Moussa, a prominent focal point for SFD is promoting self-employment through microcredit projects. Major donors are: the World Bank, the European Union, Germany, JICA, Kuwaiti Development Fund. References1. ^Magdy Moussa (January 2007). Regulation and Supervision of Microfinance in Egypt. Essays on Regulation and Supervision series, Microfinance Regulation and Supervision Resource Center. {{DEFAULTSORT:Social Fund For Development (Egypt)}}{{International-dev-stub}} 3 : Sustainability organizations|Business in Egypt|1991 establishments in Egypt |
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