Opec Fund approves over US$1bil for global sustainable development projects


KUALA LUMPUR: The OPEC Fund for International Development (the OPEC Fund) has approved over US$1 billion in new development financing during the third quarter of 2025, as announced following its 193rd Governing Board meeting. (US$1=RM4.20)

The institution also successfully issued its first-ever euro-denominated benchmark bond, raising 500 million euros on international capital markets, in a landmark move to further strengthen its development mandate.

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Opec , sustainable , development , MSME

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