Arab Fund for Economic and Social Development (AFESD)

  • Nick Heath-Brown
Part of the The Statesman’s Yearbook book series (SYBK)


Established in 1968, the Fund commenced operations in 1974.

Functions. AFESD is an Arab regional financial institution that assists the economic and social development of Arab countries through: financing development projects, with preference given to overall Arab development and to joint Arab projects; encouraging the investment of private and public funds in Arab projects; and providing technical assistance services for Arab economic and social development.


Member State Monetary Policy Saudi Arabia Arab Country Foreign Minister 
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Copyright information

© The Editor(s) 2015

Authors and Affiliations

  • Nick Heath-Brown

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