Vienna, Austria, March 14, 2017. Over 15 partner countries stand to benefit from the latest round of financing, totaling nearly US$190m, which was approved at the 158th Session of the Governing Board of the OPEC Fund for International Development (OFID). The public sector loans, which total US$106m, will support the following projects/programs:
Vienna, Austria, December 11, 2013. Meeting in its 145th Session, the Governing Board of the OPEC Fund for International Development (OFID) has approved financing over US$403m to boost socio-economic development in over 35 partner countries. Of the new commitments some US$306.04m went to support 14 public sector loans and seven grants. The bulk of the public sector funding will co-finance transportation, education, energy, poverty reduction, and water supply and sanitation projects. Under OFID’s private sector and trade finance programs, eight projects totalling US$97m were approved.
Vienna, Austria, June 17, 2013. The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 143rd Session on June 13, has approved 17 loans and grants totaling over US$234 million to boost socio-economic development in over 44 partner countries. The majority of the public sector funding will co-finance transportation, energy and water supply and sanitation projects.
The approved public sector loans are as follows:
The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 137th Session, has approved over US$160 million in new loans and grants to pursue socio-economic development in partner countries. The loans are as follows:
Vienna, Austria, November 12, 2001
The OPEC Fund for International Development today approved an emergency assistance grant of $200,000 to help procure relief supplies for victims of Hurricane Michelle which struck the Caribbean region on November 4, causing tremendous damage, particularly in Honduras and Cuba.
In Honduras, Michelle dumped nearly two feet of rain causing some of the worst flooding seen since Hurricane Mitch struck in 1998. In addition to fatalities, over 7,000 people have been evacuated and more than 1,200 homes destroyed.