The SAARC Development Fund is a regional multilateral development institution of the South Asian Association for Regional Cooperation, operating under treaty status with a permanent secretariat inaugurated in Thimphu, Bhutan on 28 April 2010. It carries out and manages projects across social, economic and infrastructure programme areas for its eight member states, Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka, and as of 2018 held authorised capital of 1.5 billion dollars against a paid-in capital base of 500 million dollars.
Facts
Partially Attested
Founding Year2010 is the secretariat inauguration; the fund's treaty basis predates it. Geography
Country or Jurisdiction ServedWikidata Q120512563, property P17 (country). Classification
Institution SubtypeInternational Financial Institution 1 Headquarters In the Other Atlases
Located In
Also in Geography Atlas: where this subject is located.
Sources
1. SAARC Development Fund - Wikipedia
Infobox, headquarters
Thimphu, Bhutan
History section
a permanent Secretariat for the SDF was inaugurated in Thimphu on April 28, 2010
Introduction, institution-subtype
The SAARC Development Fund is a regional multilateral development institution of the South Asian Association for Regional Cooperation, operating under treaty status with a permanent secretariat inaugurated in Thimphu, Bhutan on 28 April 2010.
In Group: Development Banks of Asia and Eurasia, Lead
SAARC Development Fund (SDF) (also known as SAARC Development Fund Secretariat For Regional Integration) is a regional financial institution based in Thimphu, Bhutan.
View the Source2. Wikidata
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