Regional Development Fund

The Regional Development Fund (RDF) is a financial tool used by governments or organizations to stimulate growth in less developed areas. It provides funding for projects that promote economic development, support local businesses, and improve infrastructure like roads and schools. The aim is to reduce regional disparities, create jobs, and enhance the quality of life for residents. By investing in these regions, the RDF helps foster sustainable development and encourages investment, ultimately leading to more balanced economic growth across a country or region.