An official statement said that the fund, since its inception, has allocated more than $24 billion from its own resources to more than 4,000 projects in more than 125 countries around the world, with a total value of about $190 billion.
He added that last year, the OPEC Fund allocated $1.6 billion through 48 projects to increase economic resilience, support growth, and promote development. The financing of the OPEC Fund secures basic supplies, supports infrastructure development, and enhances economic flexibility.
He stated that the OPEC Fund addresses long-term challenges and is a key player in achieving the goals of sustainable development, pointing out that last year the OPEC Fund launched an action plan for food security worth $1 billion in response to the disruption of the global supply chain.
Dr. Akinwumi Adesina, President of the African Development Bank Group, Dr. Mohamed Al-Jasser, President of the Islamic Development Bank Group, and Remy Rio, CEO of the French Development Agency, participated in the opening of the forum.
It is noteworthy that the OPEC Fund works in cooperation with partners from developing countries and the international development community to stimulate economic growth and social progress in low- and middle-income countries around the world.
It is known that the OPEC Fund was established in 1976 with the aim of accelerating development, strengthening societies and empowering people by financing projects that meet basic needs such as food, energy and infrastructure.
Click here to watch an interview with the Egyptian Minister of International Cooperation
PROMOTED
- Mr. Ho Huy - CEO of Mai Linh Group - the top taxi and transportation operator in Vietnam
- Ambassador Hans-Peter Glanzer: I would like to be perceived in the end, somebody also has deep sympathy for your country and for your people
- The fashion brand Chanony
- TALKSHOW HUNG KING’S 68: THE MOSAICS OF THE KING XIX
.jpeg)
- Young translator conquers the ancient Greek classic Anabasis – Memoir of the Persian Expedition
- Austria news - Usama Nosshy channel covers Asean's 55th anniversary celebrations at the United Nations in Vienna
- VietnamPlus Newspaper reported about ASEAN's 55th anniversary at the United Nations in Vienna
Interdisciplinary Culture
If you want to show light, fire it
By The Mosaics of the King
MOST VIEWED
.jpg)
Writer To Hoai is famous for his book De Men Adventure Ky (1941) written for children. Currently, "Crickets" have traveled all over the world. The story has been translated into many languages and published in many countries around the world. He is likened to the Andersen of Vietnam.
WAJ
At first glance, she doesn't stand out when standing next to her Asian girls, I become more and more in the middle European women. Yet, people like look at you, especially like to peek, every time you say, or every time she laughs. Asian-style face Dong, round black eyes that can talk, the corner of his mouth when also fresh. Long, silky black hair, clear voice, Standard and flexible pronunciation even when I speak the language German and Vietnamese.
WAJ
Comment