The OPEC Fund approves a new development financing package worth one billion dollars
Vienna, December 16 / WAM / The Board of Directors of the OPEC Fund for International Development (OPEC Fund) approved a new development financing package worth one billion dollars until the end of the current year 2024.
A statement issued by the Fund’s headquarters in the Austrian capital, Vienna, said that the new financing package aims to strengthen infrastructure projects, food security, renewable energy, economic flexibility, and governance in partner countries.
The Fund’s statement included the countries benefiting from the latest financing package, which includes Bangladesh, Burkina Faso, Chad, Comoros, El Salvador, Gambia, Honduras, Kenya, Malawi, Mauritania, Montenegro, Senegal, Sierra Leone, Sri Lanka, Turkey, Uzbekistan, and Ivory Coast. Dominican Republic, Egypt, Ghana, Paraguay and Uzbekistan.
Dr. Abdul Hamid Al Khalifa, Director General of the OPEC Fund, stressed that the financing package reflects the Fund’s continued commitment to providing impactful solutions that help achieve meaningful change for millions of people, and we continue to focus on working with partners around the world to confront current challenges and build a better future.
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