Arab Fund for Economic and Social Development
Arab Fund for Economic and Social Development | |
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Emblem | |
Map indicating members of the Arab League. | |
Headquarters | Kuwait |
Official languages | Arabic |
Type | Development finance institution of the Arab League |
Membership | |
Leaders | |
• Chairman | Abdulatif Y. Al-Hamad |
Establishment | |
• Agreement | 16 May 1968 |
• First meeting | 6 February 1972 |
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The Arab Fund for Economic and Social Development (AFESD) is a Kuwait-based pan-Arab development finance institution. All member-states of the Arab League are members of the AFESD. As of 2003, it held around US$7.3 billion in assets.
The AFESD was established by agreement of the Economic and Social Council of the Arab League. Its first meeting was held on 6 February 1972.
The current Chairman is Abdulatif Y Al-Hamad.
Former Chairman is Mohammed Al Emadi.
Founding Chairman is Saeb N. Jaroudi.
See also
- Arab Monetary Fund
- Council of Arab Economic Unity
- Economic and Social Council (Arab League)
References
- ^ "Member states". Arab Fund for Economic and Social Development. Retrieved 2010-08-11.
External links
- Arab Fund for Economic and Social Development
- afc.com.lb Archived 2017-04-03 at the Wayback Machine
- untreaty.un.org
- un.org
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