Board Meeting 1/2021
During its meeting no. 1/2021, the Board of Directors of the Arab Fund approved the Fund's (2021-2024) medium term strategy. The strategy is based on continuing the Fundís support to enable Arab countries to attain real, integrated, and sustainable development, thus achieving the aspirations of their people towards improving their livelihoods.
Based on the above, the Arab Fund will continue to provide the necessary financing for projects in the Arab region, in co-operation with public and private sectors, national, regional and international financial institutions, and local and foreign investors. This will be accomplished through the following:
The Arab Fundís lending program will comprise providing loans whose total amount ranges between KD 100 Million and KD 250 Million, annually, to provide economic, social and environmental security to its member states. Additionally, the Fund will also provide grants having a total annual amount ranging between KD 10 Million and KD 15 Million, to develop institutions and companies, thus enhancing their elements of success.