Overview of the Operations of the Arab Fund for the Year 2015
During the year 2015, the Arab Fund provided 15 loans, totaling KD 426 million, to finance 15 projects (12 new and 3 existing) in 8 Arab countries. The proceeds of the loans covered around 25.7% of the total cost of the projects financed by these loans.
During the same year, the Arab Fund provided 29 national and regional grants, totaling KD 7.2 million. The distribution of these grants was as follows: KD 4.1 million for national grants and KD 3.1 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 2015, to KD 8.8 Billion, and the cumulative amount of grants, during the same period, to KD 211 Million.