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- Focus Areas
- Financial
Financial
A strong and resilient economy provides the foundations for sustainable economic and social development.
The OPEC Fund finances operations that support decent work and economic growth, and industry, innovation and infrastructure (United Nations SDGs 8 and 9). The OPEC Fund is particularly keen to support micro-, small- and medium-sized enterprises, which often lack access to credit in emerging markets, but also form the backbone of those economies, providing jobs and helping to raise living standards.
In 2020, the OPEC Fund committed US$130 million to the financial sector.
Commitments are operations and agreements that have been signed by the relevant parties.
Approvals by Region
Total approvals: US$ 6,028.36m
- Africa
- Asia
- Latin America & Caribbean
- Europe
- Global
Approvals by Financing Types
Total approvals: US$ 6,028.36m
Operations
Cotton Export Financing
Financing Infrastructure in Africa
Supporting Food Security
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OPEC Fund's US$10m loan to the Bank of Maldives – a leading lender to the tourism industry – will help SMEs recover from impact of pandemic