Press Release: OPEC Fund Approves Close to $1.2 Billion New Development Funding
The OPEC Fund for International Development (the OPEC Fund) is significantly stepping up its development support with nearly US$1.2 billion in new funding since June. The latest projects approved by the Governing Board, which met for its 189th session today, support smallholder farmers and businesses, promote the construction of resilient infrastructure, provide clean water & sanitation solutions and increase climate resilience. Partner countries’ reform programs will benefit from dedicated OPEC Fund loans.
Photo courtesy of Bill Oxford.
Source: Zawya (link opens in a new window)
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