Financial and Banking News

AID FLOWS

Aid From OPEC States Drops Slightly in 1983

The total volume of concessional assistance granted by OPEC member states to developing countries dropped slightly to $5,476mn in 1983, according to figures compiled by the Development Assistance Committee (DAC) of the OECD for its annual report Development Cooperation, which was published on 11 December. The DAC notes that most OPEC countries reduced their aid programs as a response to the further...