Arab Fund for Economic and Social Development
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Arab Fund for Economic and Social Development
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Map indicating members of the Arab League.
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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.
References
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External links
- Arab Fund for Economic and Social Development
- https://www.afc.com.lb/directorsandmanagement.aspx
- http://untreaty.un.org/unts/1_60000/28/13/00054621.pdf
- http://www.un.org/esa/policy/devplan/alllangdoc/1975english.pdf
See also
- Arab League
- Economic and Social Council (Arab League)
- Arab Monetary Fund
- Council of Arab Economic Unity
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