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19 Mar 2014 description

Vienna, Austria, March 18, 2014. Meeting in its 146th Session, the Governing Board of the OPEC Fund for International Development (OFID) has approved financing of nearly US$264 million to boost socio-economic development in over 30 partner countries. Of the new commitments, over US$193m will support 10 public sector loans and nine grants. The bulk of the public sector funding will co-finance agriculture, transportation, education, energy, health and water supply and sanitation projects.

14 Jun 2012 description

Seefeld, Austria, June 15, 2012

OFID Governing Board approves new loans and grants to boost socio-economic development Seefeld, Austria, June 15, 2012. The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 139th Session, has approved 13 loans and grants totaling nearly US$66 million to boost socio-economic development in over 34 partner countries. The loans, which will cover the agriculture, education, energy, transportation and water supply sectors, are as follows: (see the attached PDF)