Middle East Economic Survey

VOL. XLVIII

No 37

12-September-2005

REGIONAL

OPEC Fund In 2004 Approved $413.4Mn In Project Loans

The OPEC Fund in 2004 approved a total of 42 project loans to the public sector worth $413.4mn, according to the recently published Annual Report 2004 of the OPEC Fund for International Development. Four countries in the Middle East and North Africa region were recipients of public sector loans: Egypt received $38mn for the energy sector (Cairo North II Power Plant); Morocco...