VOL. XXXII
NO. 45
14-AUGUST-1989
Financial and Banking News
AID FLOWS
OFID Lends $93.3mn in 1988
The OPEC Fund for International Development (OFID) last year committed loansand grants totaling $93.3mn, compared to $140.7mn in 1987, according to thefund's Annual Report for 1988. The activities of the fund comprise: (a) extending loans to finance development projects and programs and for balance ofpayments; (b) providing grants for technical assistance and research; and, (c)supporting other...
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