• By providing grants in support of technical assistance, food aid, research and similar activities, and humanitarian emergency relief.
• By contributing to the resources of other development institutions whose work benefits developing countries.
• By serving as an agent of OPEC Member Countries in the international financial arena whenever collective action is deemed appropriate.
OFID resources
OFID’s resources consist of voluntary contributions made by OPEC Member Countries and the accumulated
reserves derived from its various operations. At the close of the year 2018, contributions pledged by OPEC Member Countries totalled $4,433m out of which $3,462m was direct contributions to OFID. The total of paid contributions from Member Countries was $4,262m and the Reserve Account stood at $2,941m.
The beneficiaries
All developing countries, with the exception of OPEC Member Countries, are in principle eligible for OFID assistance. The least developed countries, however, are accorded higher priority. So far, 134 countries world- wide have benefited from OFID's financial assistance.
The co-financing partners
To optimize the impact of its contribution to international develop- ment, OFID cooperates closely with the bilateral and multilateral agencies of its Member Countries, the World Bank Group, the regional development banks and the specialized agencies of the United Nations, as well as a host of non-governmental and other organizations.
For more information please visit:
http://www.ofid.org/ABOUT-US
0.2 OFID disbursements as of December 31, 2018 ($m)
9,171.7 Public Sector Lending 3,412.7 Trade Finance Facility 2,089.5 Private Sector Facility 892.7 IFAD*, IMF Trust Fund*, PRGF Trust
592.0 Grant Assistance
Total $16,158.6m
*Member Country contributions channeled through OFID 3
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84
