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OPEC Fund Pledges $200 Million to Thwart COVID-19
March 17th, 2020 - 10:44 GMT

OPEC Fund Pledges $200 Million to Thwart COVID-19

The OPEC Fund for International Development (OFID) has announced a financial package of $200 million as part of a range of measures to support international efforts to combat the COVID-19 outbreak. The financial package will be deployed via long-term loans, private sector and trade finance facility windows and grants, said OFID. The Opec Fund will also modify existing loan terms, where necessary, to ensure an appropriate level of concessionality. Opec ...
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