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An emergency fund, also known as a contingency fund, [1] is a personal budget set aside as a financial safety net for future mishaps or unexpected expenses. A critical part of financial planning, it is supposed to ensure one's personal finances are prepared for any emergency so that the risks of becoming dependent on credit, falling into debt, or running out of money in general are reduced if ...
According to that law planning and implementation of civil emergency plans was the responsibility of the General Directorate of Civil Emergencies (GDCE). Since November 2019, following the enactment of the new Law 45/2019 ‘On civil protection”, GDCE is transformed into an Agency, the National Agency for Civil Protection (NACP).
The organization was created by resolution 57(I) of the United Nations General Assembly on 11 December 1946 and named United Nations International Children's Emergency Fund (UNICEF). As its first chairman, Rajchman chose Maurice Pate of the Commission for Relief in Belgium to direct the agency and "to think about organizing an action, a fund ...
The Elementary and Secondary School Emergency Relief Fund, also known as ESSER. [1] is a $190 billion program created by the U.S. federal government's economic stimulus response bills, the Coronavirus Aid, Relief, and Economic Security Act (), Consolidated Appropriations Act, 2021, the American Rescue Plan Act of 2021 (ARP Act), passed by the 116th and 117th U.S. Congress.
The European Union Solidarity Fund (EUSF) was founded in 2002. Its objective is to provide assistance to European Union member states when large-scale disasters occur. Catastrophes are considered to be large-scale if the estimated direct cost of damage exceeds 3 billion euro or 0.6% of gross national income of the country concerned. [ 1 ]
The Central Emergency Response Fund (French: Fonds central d'intervention d'urgence, CERF/FCIU) is a humanitarian fund established by the United Nations General Assembly on 15 December 2005 and launched in March 2006. With CERF's objectives to 1) promote early action and response to reduce loss of life; 2) enhance response to time-critical ...
A UNICEF worker is distributing high-calorie food during an emergency situation in Goma, in the Democratic Republic of the Congo, in 2008. Humanitarian aid is material and logistic assistance, usually in the short-term, to people in need. Among the people in need are the homeless, refugees, and victims of natural disasters, wars, and famines.
Within personal finance, money used to purchase stocks, put in an investment fund or used to buy any asset where there is an element of capital risk is deemed an investment. This distinction is important as the investment risk can cause a capital loss when an investment is realized, unlike cash saving(s).