To promote high impact social programs, under the authority for social contribution (Ma'an), Abu Dhabi will launch the first GCC Social Impact Bond (Social Impact Bond) as a financial instrument for raising private investments.
Launched next year, social impact bonds will be paid-for-success based on a successful social result–the first for government contracts.
In previous years, social impact bonds were used to ....
Tags : social programs, financial instrument, social impact bonds,
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