OPEC Fund definition

OPEC Fund means the OPEC Fund for International Development established by the Member States of the Organization of the Petroleum Exporting Countries (OPEC) by virtue of the Agreement signed in Paris on January 28, 1976, as amended.
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OPEC Fund means the Organization of Petroleum Exporting Countries Fund for International Development;
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OPEC Fund means the Organization of Petroleum Exporting Countries Fund for International Development; "Process for the Definition and Review of Capital Projects" means the policy document adopted by the Borrower dated March 26, 1997, which describes the process for approving and carrying out capital investment projects in the health sector under the Program; as may be amended from time to time with the prior agreement of the Association;
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Examples of OPEC Fund in a sentence

  • The loan agreements were signed with OFID - OPEC Fund for International Development in September 2014 in the amount of 48.000.000 $ (package A) and 24.000.000 € (package B).

  • This Model Agreement for Consulting Services for Civil Engineering works / Electrical and Mechanical Works contains standard conditions approved by the Coordination Group consisting of Islamic Development Bank, Abu Dhabi Fund for Development, the OPEC Fund for International Development, the Saudi Fund for Development, Arab Fund for Economic and Social Development, Kuwait Fund for Arab Economic Development, and Arab Bank for Economic Development in Africa.

  • The Project Implementation Unit is obliged to fully follow and respect of all provisions of the Loan Agreements No.1588P and No.1589PB between Bosnia and Herzegovina and OFID - OPEC Fund for International Development as well as all other procedures applied by the OFID, during the construction of Klopče - Donja Gračanica motorway subsection.

  • The section Donja Gračanica - Drivuša, subsection Klopče - Donja Gračanica has been financed by the loan funds of the OFID - OPEC Fund for International Development.

  • The Koudougou to Dedougou road segment, funded by the Islamic Development Bank (“BID”), Arab Bank for Economic Development in Africa (“BADEA”), Arab Development Fund (“FAD”), Kuwait Fund for Arab Economic Development, Saudi Fund for Development, OPEC Fund for International Development and the Government, lies in between the Dedougou-Mali border road and the Sabou-Koudougou-Didyr road.

  • It is being cofinannced with the IDB (US$65.6 million) and the OPEC Fund for International Development (OFID) (US$29 million) totaling US$170 million.

  • Such a proposal will contain a summary statement regarding the envisaged investment and will be forwarded by the OPEC Fund to the Minister of Finance, or other representative of the Host Country designated in that behalf, for further consideration.

  • Director-General of the OPEC Fund With support from their crew leader, front, women from an ethnic minority in ▇▇▇▇▇ ▇▇ Phi, Viet Nam, build roads connecting remote villages.

  • The following are examples of some of the 58 programmes and projects cofinanced by IFAD and the OPEC Fund in over 30 countries.

  • The establishment of the OPEC Fund was a significant gesture of the solidarity of OPEC member states with the developing world.


More Definitions of OPEC Fund

OPEC Fund means OPEC Fund for International Development.
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Related to OPEC Fund

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Public fund means the state treasurer or a retirement system.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • provident fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.