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Algeria Chairs the Ministerial Council of the OPEC Fund for International Development

June 24, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Algeria Chairs the Ministerial Council of the OPEC Fund for International Development

On Wednesday, Algeria will chair the ministerial council of the OPEC Fund for International Development (OFID) in the Austrian capital Vienna, after holding the presidency of this body for a full year. Algeria took over the presidency of the fund's ministerial council from the Republic of Venezuela during the annual session of the council. This step reflects the trust that the country enjoys within the institution affiliated with the member states of the Organization of the Petroleum Exporting Countries (OPEC).

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