Annual Report 2020
This is the first Annual Report for the KTF reported in accordance with CABEI’s fiscal year commencing on the first day of January and ending on the last day of December. This report presents the Fund’s background, progress, achievements, and plans since its establishment through the first fiscal year of operation.
Having established itself as a leading donor country a span of a generation from the economic devastation from the Korean War, the ROK Government fully recognizes the value of international aid and development cooperation in reducing poverty, improving well-being and quality of life, achieving gender equality, promoting sustainable development, environmental preservation, and economic linkages with partner countries. It is based on this belief that the ROK pledged a commitment of $50 million USD to the KTF for the next five years.