The meeting was chaired by Chairman PHDF Farrokh K Captain attended by Board Member of PHDF, including Dr Nasim Ashraf, Shamsh Kassim Lakha, Dr Musadik Malik, Rizwan U Khan and Asif Saad along with Chairperson NCHD Nafisa Shah. The Board was informed that the government has already released Rs 600 million for current fiscal year and Rs 800 million has been further allocated to achieve the targets of PC-1 (Human Development Indicators in Pakistan).
Zulfiqar 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 per cent, which is very promising. He also informed that the Chairperson NCHD 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. Nafisa Shah also thanked American Fund for Human Development (AFHD) for their donation of $100,000.
She requested the board to help build the endowment fund to ensure the sustainability of NCHD. On this occasion a cheque of $100,000 was presented by Dr Nasim Ashraf on behalf of American fund for Human Development (AFHD) to the chairman PHDF, 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), ie, Education for all and Health for All in Pakistan.-PR