Financial and Banking


Arab Aid Commitments Total $1.6bn in 1985 Committed* 

Arab aid during 1985 totaled $1,573.62mn, or 18% less than the 1984 figure of $1,915.43mn, according to information released by the Coordination Secretariat at the Arab Fund for Economic and Social Development. Because of the declining oil revenues, commitments by eight Arab funds (IDB, ADFAED, OFID, SFD, IFED, AFESD, KFAED, BADEA) declined for the fourth year in a row, registering a decline of 44%...