The
35th meeting of the Board of Directors Pakistan Human
Development Fund (PHDF) was held in Islamabad on 29
January, 2010 and was chaired by Chairman PHDF Mr. Farrokh
K. Captain. Board member of PHDF Dr. Nasim Ashraf also
attended the meeting. Board Members NCHD Mr. Shamsh
Kassim Lakha, Dr. Musadik Malik, Mr. Rizwan U. Khan,
Mr. Asif Saad and Chairperson NCHD Ms. Nafisa Shah also
participated.
Chief
Executive Officer of PHDF Mr. Zulfiqar Ahmad updated
the Board about Endowment Fund and Education, Literacy
and Health Programs of National Commission for Human
Development (NCHD). The Board was informed that Government
of Pakistan has already released Rupees 600 Million
for current fiscal year and Rupees 800 Million has been
further allocated to achieve the targets of PC- 1 (Human
Development Indicators in Pakistan).
He
informed that the performance of endowment fund is extremely
good in the current economic scenario prevailing in
Pakistan and the World. The return during the current
year is 21% which is very promising. He also informed
that the Chairperson NCHD Ms. Nafisa Shah has very graciously
decided to transfer the recent donation of Chief Minister
Sindh and M/s. LOTTE Pakistan of Rs 2.5 Million and
8.5 Million respectively to the endowment fund. Ms.
Nafisa Shah also thanked American Fund for Human Development
(AFHD) for their donation of US $ 100,000.
She
requested the board to help build the endowment fund
to ensure the sustainability of NCHD. On this occasion
a cheque of US$ 100,000 was presented by Dr. Nasim Ashraf
on behalf of American Fund for Human Development (AFHD)
to the chairman PHDF, Mr. Farrokh Captain. The Chairman
PHDF thanked all members of the Boards of PHDF, AFHD
and PHDF UK for their continuous support to NCHD for
achieving Millennium Development Goals (MDGs) i.e. Education
for all and Health for All in Pakistan.
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