Vienna, SANA-The Director General of the OPEC “Fund for International Development, Abdulhamid Alkhalifa, announced that the Fund is preparing to return to Syria, and has ready plans and implementable strategies to provide support to the Syrian government and the private sector, as soon as the obstacles disappear.
Abdul Hamid said in statements to the “Economy Middle East” website on the sidelines of his participation in the Fund’s forum held in Vienna: “After the new government took office this year, we met with the Syrian Minister of Finance, Muhammad Yisr Barnieh, and the Governor of the Central Bank, Dr.Abdul Qader Hasriya, to discuss how Syria can return to benefiting again from the Fund’s resources”.
Alkhalifa added that the fund expanded into four new countries last year, bringing the total number of active partner states to 125. He also revealed a strategic goal of mobilizing $20 billion by 2030 through a variety of initiatives, noting that member states are also advancing large-scale projects and initiatives that the Fund is helping to implement.
The OPEC Fund for International Development is an intergovernmental development finance institution established by the member countries of the Organization of the Petroleum Exporting Countries (OPEC). Its operating model focuses on financing development projects in partner countries in collaboration with other international development institutions.
Reem Abdulhameed / Manar Salameh
