VOL. XXXVIII
NO. 31
1-MAY-1995
Financial and Banking News
Regional Development
AFESD Chairman Calls For Reappraisal Of Arab Development Strategy
The Managing Director and Chairman of the Arab Fund for Economic and SocialDevelopment (AFESD), Mr. 'Abd al-Latif al-Hamad, has warned that oil revenueswill not be sufficient to meet investment needs in the Arab world over the nextfive years. In a paper presented to an oil and petrochemicals conference held inKuwait on 22-26 April, Mr. Hamad said that...
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