Financial and Banking News

AID FLOWS

OFID Approves $60mn in Loans

The Governing Board of the OPEC Fund for International Development (OFID) has approved the following 11 loans totalling $59.7mn:

 Recipient Project ($mn) Guinea Rural primary schools 3.5 Mali Balance of payments support 3.4 Morocco Irrigation development 6.4 Niger High school construction 4.9 Somalia Balance of payments support 6.0 Bangladesh Road maintenance 8.0 India Agricultural credit 8.0 Pakistan Medical college 8.0...