Since the inception of the SAARC Development Fund or SDF, about 100 projects worth over USD 134 M have been approved and are under implementation in all the SAARC member states. This was shared at the 38th SAARC charter day celebration held in the capital yesterday.
Further, SDF is currently in the process of approving projects in the renewable energy generation sector in Bhutan.
SAARC Development Fund was established by the heads of the eight SAARC member states in 2010 to promote the welfare of the people of the SAARC region.
And the SAARC Charter was adopted in 1985 by the heads of the SAARC member states during their first-ever Summit in Dhaka, Bangladesh.
Nidup Dorji
Edited by Sonam Pem
