Finance and Audit (COVID-19 Projects Development Fund) Regulations 2020 (GN No. 84 of 2020).

These Regulations, made under the section 24 of the Finance and Audit Act, establishes the COVID-19 Projects Development Fund. The objects of the Fund shall, in the context of the implementation of an investment programme following the negative impact of the COVID-19 pandemic on the economy, be to contribute to the financing of – (a) projects specified in the Public Sector Investment Programme; (b) such other projects, or such schemes or programmes, as the Minister may approve; and (c) consultancy, preparatory or advisory services in relation to projects, schemes and programmes referred to in subparagraphs (a) and (b). The Fund shall be managed by the newly established the COVID-19 Projects Development Committee.