The Social Development Fund’s board met in Aden, led by the Prime Minister, reaffirming sustainable partnerships with donors.

Social Fund for Development Board Holds Meeting in Aden

On Wednesday, the Board of Directors of the Social Fund for Development convened in Aden, the temporary capital of Yemen. The meeting, chaired by Prime Minister Dr. Sha’if Mohsen Al-Zandani, focused on reviewing the ongoing activities and projects of the fund. The board aimed to enhance the fund’s institutional efficiency and ensure the continuity of its development programs, adhering to the highest standards of governance and transparency.

Key Discussions on Project Requirements

During the meeting, the board addressed the completion of technical and administrative requirements related to the fund’s commitments to donors and development partners. They also discussed the procedures for managing existing contracts and agreements following the relocation of the fund’s headquarters and executive management to Aden. These steps aim to ensure the successful execution of projects, strengthen mutual trust with international partners, and maintain the fund’s reputation as a national success story in managing development programs.

Commitment to Strategic Partnerships

Prime Minister Al-Zandani reiterated the government’s commitment to strengthening strategic partnerships with donors and supporting international institutions. He emphasized the importance of creating an institutional and administrative environment that fosters the fund’s ongoing success. This approach aims to enhance the confidence of development partners and expand support and funding for priority projects.

Furthermore, the Prime Minister highlighted that the independence of the Social Fund for Development is crucial for its success and for maintaining donor trust. He assured that the government remains dedicated to preserving this independence while upholding the principles of governance, transparency, and accountability that the fund was founded upon. This commitment ensures that the fund can effectively fulfill its developmental mission across various regions in Yemen, free from any external interference that does not align with its national and developmental objectives.

Conclusion

The meeting underscored the Social Fund for Development’s ongoing efforts to enhance its operations and partnerships. By focusing on transparency and governance, the fund aims to continue its vital role in Yemen’s development landscape.

For more information, visit Yemen TV.

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