Trade Finance Facility (TFF)
At the 2006 meeting of OFID’s highest policy-making body, the Ministerial Council, a decision was taken to extend the institution's operations to include trade financing. This resulted in the establishment of a Trade Finance Facility (TFF). The main objective of the TFF is to further enhance the promotion of economic development by supporting the trade financing needs of institutions in partner countries, including governments, parastatals, banks and private enterprises.
Read more about this topic: OPEC Fund For International Development
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