What does CDF mean in FUNDS
The Constituency Development Fund (CDF) is a development fund allocated by the government of Kenya to improve the socio-economic well-being of its citizens. It was established in 2003 and it is managed at the national level with funds being disbursed through constituencies. From 2004, CDF has been one of the major sources of financing development projects within constituencies across the country.
CDF meaning in Funds in Business
CDF mostly used in an acronym Funds in Category Business that means Constituency Development Fund
Shorthand: CDF,
Full Form: Constituency Development Fund
For more information of "Constituency Development Fund", see the section below.
Essential Questions and Answers on Constituency Development Fund in "BUSINESS»FUNDS"
What is CDF?
The Constituency Development Fund (CDF) is a development fund allocated by the government of Kenya to improve the socio-economic well-being of its citizens. It was established in 2003 and it is managed at the national level with funds being disbursed through constituencies.
Who administers CDF?
CDF is administered by both parliamentary committees and public committees, which are appointed by respective constituency authorities as part of their oversight role. The parliamentary committee takes charge at national level while public committees are responsible for implementing projects locally within each constituency.
How is CDF funded?
CDF is funded directly through national treasury allocations with funds coming from various government ministries and departments as well as loans secured by parliament members to supplement core funding. Additionally, donations from both individuals and institutions may also be accepted to support individual projects or programs.
Who can benefit from CDF disbursements?
The funds are mainly aimed at improving rural infrastructure, enhancing access to basic social services such as primary health care and education, and providing financial relief to communities affected by natural disasters or extreme poverty. In addition, constituents are able to influence how the funds should be spent on specific projects they need in their respective areas.
What kind of projects qualify for funding under the program?
Projects which can be supported under this program include but are not limited to those related to agriculture, healthcare, water supply, sanitation facilities, educational infrastructure, markets development, roads repair, energy conservation and production etc.
Final Words:
The Constituency Development Fund (CDF) has become an important source of funding for local development initiatives in Kenya since its inception in 2003. It has played a significant role in helping communities secure resources to begin or further develop projects that address pressing needs such as healthcare, education and security issues among others.
CDF also stands for: |
|
All stands for CDF |