Financial and Banking News

AID FLOWS

Arab Aid Commitments Total $1.92bn in 1984

Committed Arab aid during 1984 totalled $1,915.43mn, or 1.72% less than the 1983 figure of $1,948.92mn, according to information released by the Coordination Secretariat of Arab National and Regional Development Institutions (IDB, ADFAED, OFID, SFD, IFED, AFESD, KFAED, BADEA). Because of declining oil revenues, commitments by the eight funds decreased for the third year in a row, with total commitments since...