OPEC Fund sets record with $1.7 billion commitments in 2023 amid global challenges, ET EnergyWorld

"In 2023, the OPEC Fund increased its impact through the delivery of development support in a challenging global environment," Dr. Abdulhamid Alkhalifa, the OPEC Fund's Director-General, said in a statement. The Fund, established 48 years ago and based in Vienna, has expanded its lending program in response to strong demand from partner countries and successful capital market fundraising.

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