ofid approves 264m in aid of 30 countries
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

OFID approves $264m in aid of 30 countries

Arab Today, arab today

Arab Today, arab today OFID approves $264m in aid of 30 countries

Vienna - KUNA

During its 146th session here on Wednesday, the Governing Board of the OPEC Fund for International Development (OFID) approved fresh funding of nearly USD 264 million to boost socio-economic development in more than 30 partner countries. Of the new commitments, some USD 193 million will be channeled to 10 public sector loans and nine grants, according to a statement by the Fund. The bulk of the public sector funding will co-finance agriculture, transportation, education, energy, health and water supply and sanitation projects. Under OFID's private sector and trade finance programs, seven projects totaling USD 70 million were approved. The public sector loans include USD 11.22 million to the Burundi through the Enhanced Initiative Debt Relief Part II for the heavily indebted poor countries (HIPC); USD 35 million to China's Laibin Vocational Education; and USD 10 million to the Integrated Agriculture Rehabilitation Project in the Maniema Province, the Democratic Republic of Congo. They include USD 55 million to Egypt's Assiut Power Plant; USD 23 million to Ethiopia's Arba Rakati-Gelemso-Michata Road Upgrading Project-Lot 2 Gelemso-Michata; USD 10 million to the Completion of the Extension and Modernization of Bamako-Senou International Airport, Mali; and USD three million to the Neves Water Supply Project in Sao Tome and Principe.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ofid approves 264m in aid of 30 countries ofid approves 264m in aid of 30 countries

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ofid approves 264m in aid of 30 countries ofid approves 264m in aid of 30 countries

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday