VOL. XXXI

NO. 46

22-AUGUST-1988

Financial and Banking News

AID FLOWS

OFID Lends $140.7mn in 1987

The OPEC Fund for International Development (OFID) last year committed loansand grants totaling $140.7mn, compared to $90.14mn in 1986, according to theFund's Annual Report for 1987. The activities of the Fund comprise: a) extendingloans of three types (for financing development projects and programs and forbalance of payments support; b) providing grants for technical assistance andresearch; c)...