Establishment of the Sasakawa Program Fund
The SPF has combined part of special assets to establish the Sasakawa Program Fund (approx. 62.3 billion yen in total), so as to streamline asset management and distribute limited investment yields to public interest projects effectively.
More specifically, SFP's region-specific Special Funds (Sasakawa Pacific Island Nations Fund, Sasakawa Japan-China Friendship Fund, Sasakawa Middle East Islam Fund and Sasakawa Pan Asia Fund), Ocean Policy Research Fund, Global Frontier Fund, Sasakawa Middle East Islam Program Fund and India Exchange Program Fund are integrated and operated as the Sasakawa Program Fund.
Departments taking over the operations of each of the Special Funds
The region-specific funds have been partially realigned upon the establishment of the Sasakawa Program Fund. Operations handled by the Special Funds (Sasakawa Pacific Island Nations Fund, Sasakawa Japan - China Friendship Fund, Sasakawa Middle East Islam Fund and Sasakawa Pan Asia Fund) will be handed over to the following departments:
|Program administrated by Special Funds||Department to take over the operations|
|Sasakawa Pacific island Nations Fund program||To be handled as the Pacific Island Nations program by the International Peace and Security Department|
|Sasakawa Pan Asia Fund program||To be handled by the Asia Peace Initiatives Department|
|To be handled by the Asia Social Integration Department|
|Projects that are in place since before July 1, 2017, and deemed to be in line with the objectives of other departments, are to be handled by the respective departments.|
|Sasakawa Japan - China Friendship Fund program||To be handled by the Japan - China Cooperation Department|
|Sasakawa Middle East Islam Fund program||To be handled by the Middle East and Islam Program Department|