Overview of the Operations of the Arab Fund for the Year 2016
During the year 2016 the Arab Fund provided 9 loans, totaling KD 445 Million, to finance 9 projects (8 new and 1 existing) in 6 Arab countries. The proceeds of the loans covered around 23.5% of the total cost of the projects financed by these loans.
During the same year, the Arab Fund also provided 20 national and regional grants, totaling KD 3.9 Million. The distribution of these grants was as follows: KD 2.1 Million for national grants and KD 1.8 Million for regional grants.
This brings the cumulative amount of loans provided by the Fund, since it started operations in 1974 up to the end of 2016, to KD 9.3 Billion, and the cumulative amount of grants, during the same period, to KD 374 Million.