What does AFESD mean in
AFESD is the acronym for the Arab Fund for Economic and Social Development. It is an intergovernmental organization established in 1973 with the mission of supporting socio-economic development in Arab countries.
AFESD meaning in in Governmental
AFESD mostly used in an acronym in Category Governmental that means Arab Fund for Economic and Soical Development
Shorthand: AFESD,
Full Form: Arab Fund for Economic and Soical Development
For more information of "Arab Fund for Economic and Soical Development", see the section below.
» Governmental »
Objectives
- Providing financial and technical assistance to Arab countries
- Promoting economic and social integration among Arab countries
- Enhancing regional cooperation and sustainable development
Functions
- Extending loans and grants to Arab governments and institutions
- Providing technical expertise and capacity-building programs
- Facilitating trade and investment cooperation
- Promoting private sector development
Membership
AFESD has 22 member states, all of which are Arab countries:
- Algeria
- Bahrain
- Egypt
- Iraq
- Jordan
- Kuwait
- Lebanon
- Libya
- Mauritania
- Morocco
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Somalia
- Sudan
- Syria
- Tunisia
- United Arab Emirates
- Yemen
Essential Questions and Answers on Arab Fund for Economic and Soical Development in "GOVERNMENTAL»ECONOMY"
What is the Arab Fund for Economic and Social Development (AFESD)?
AFESD is an international financial institution established by Arab oil-exporting countries to provide financial assistance and promote economic and social development in Arab countries.
What are the main objectives of AFESD?
AFESD's primary objectives are to contribute to the economic and social development of Arab countries by:
- Providing loans and grants for projects and programs in various sectors
- Promoting inter-Arab cooperation and economic integration
- Supporting the development of private sector and small and medium-sized enterprises
Which countries are members of AFESD?
AFESD's member states include:
- Algeria
- Bahrain
- Comoros
- Djibouti
- Egypt
- Iraq
- Jordan
- Kuwait
- Lebanon
- Libya
- Mauritania
- Morocco
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Somalia
- Sudan
- Syria
- Tunisia
- United Arab Emirates
- Yemen
What types of projects does AFESD fund?
AFESD provides funding for a wide range of projects in sectors such as:
- Agriculture
- Education
- Energy
- Healthcare
- Infrastructure
- Industry
- Private sector development
- Social development
- Tourism
How does AFESD provide financial assistance?
AFESD offers financial assistance through:
- Loans with preferential interest rates
- Grants
- Equity participation
- Technical assistance
- Feasibility studies
- Capacity building programs
How does AFESD contribute to sustainable development?
AFESD's projects and programs aim to promote sustainable development by:
- Promoting environmental protection and climate action
- Supporting renewable energy and energy efficiency measures
- Ensuring social inclusion and reducing poverty
- Fostering gender equality and women's empowerment
Final Words: AFESD plays a vital role in promoting economic and social development in the Arab region. Through its financial and technical assistance, it contributes to the improvement of living standards, infrastructure, and regional cooperation.
AFESD also stands for: |
|
| All stands for AFESD |