Lebanon Businessnews News
 

Social Affairs cooperates with Italy
Italy provides $3.3 million for socio-economic development
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The Ministry of Social Affairs and the Italian Embassy signed a Memorandum of Understanding (MoU) on Wednesday (September 7) on the ‘National Programme for Local Socio-economic Development through Strengthening of the Social Development Centres (SDC) and Enhancement of the Social Development Fund in Lebanon’.

The initiative is funded through a €2.4 million($3.3 million) contribution by the Italian Ministry of Foreign Affairs and the Italian embassy’s Office for Cooperation for Development.

The initiative aims at contributing to the implementation of the objectives of the National Strategy on Social Development. It will work to reinforce the existing Mechanism for Financing Social Development Projects of the ministry in providing direct investments for local development projects.
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Date Posted: Sep 07, 2011