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Abu Dhabi Fund for Development
The Abu Dhabi Fund for Development (ADFD) is an autonomous foreign aid agency established by the government of Abu Dhabi in 1971. The fund provides concessionary loans to fund economic and social development projects. The fund also invests in order to expand and strengthen the private sector economies of its clients.〔
==Mission and history==
ADFD was established in 1971 in order to manage the foreign aid programs of the United Arab Emirates. Since its founding until 2014, the fund disbursed AED22.5 billion in loans and AED39.8 billion in grants. Grants are funded by the government of Abu Dhabi but managed by the ADFD.〔
In an op-ed describing its mission, Mohamed Saif Al Suwaidi, Director General of the fund, wrote, "The UAE – through the Abu Dhabi Fund for Development – is committed to engaging in development projects that deliver tangible benefits to people’s everyday lives – eradicating poverty, while promoting economic growth."
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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