News & Events



Fresh funds approved by OFID’s Governing Board at 152nd session

Over 20 partner countries stand to benefit from the latest round of financing approved at the 152nd Session of the Governing Board of OFID.

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Armenian Finance Minister Gagik Khachatryan (left) and OFID Director-General Suleiman J Al-Herbish.

OFID and Armenia sign loan agreement for rural development program

OFID has signed a public sector loan agreement with Armenia for the "Infrastructure and Rural Financial Support Program,” which aims at reducing rural poverty and raising the socio-economic status of the population, especially among small farmers.

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