Financial and Banking News
AID FLOWS
OFID Lends $106mn in 1984
The OPEC Fund for International Development (OFID) last year committed $105.905mn to 28 developing countries, according to the Fund's Annual Report for 1984. Disbursements totaled $178.187mn, comprising $106.888mn in loans, $6.068mn in grants, and contributions to IFAD on behalf of OPEC member states totaling $65.232mn. There was a significant decrease in disbursements for project loans compared with 1983, while...
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