
Financial Institutions Development Fund
The Financial Institutions Development Fund (FIDF) is a government-managed fund aimed at supporting and strengthening financial institutions within a country. It provides financial assistance, guarantees, and resources to promote stability, improve services, and foster development of banking and financial sectors. By doing so, the FIDF helps ensure a healthy and resilient financial system, which is essential for economic growth and protecting consumers. Essentially, it acts as a financial safety net and development partner for financial institutions, helping them adapt, grow, and serve the economy effectively.