Middle East Economic Survey

VOL. LIV

No 15

8-Apr-2011

REGIONAL

New Financing Facility Aims To Raise $1Bn For Arab Infrastructure

The newly created Arab Financing Facility for Infrastructure (AFFI) aims to raise up to $1bn for infrastructure investment in Arab countries and thereby catalyze financing to fill a $40bn annual funding gap. The facility mobilizes support from international finance institutions and governments in the Arab region with the aim of driving economic growth and meeting...