What is the OPEC SPECIAL about?

Somtochukwu

In 1976, OPEC decided to set-up a special fund. The fund which was established solely for the benefit of non-OPEC members is aimed at providing soft loans to developing nations. The administration of the fund is in the hands of a governing committee, to be headed by a chairman and director-general, as well as an executing national agency in each contributing country.

 Click here to save this Post as PDF
Let us connect on social media forever;

Leave a Reply

Your email address will not be published. Required fields are marked *