OPEC Fund Launches $1.5 Billion Initiative to Support Economic Stability and Resilience
The OPEC Fund for International Development has launched the E-STAR initiative with a $1.5 billion funding package to support partner countries facing economic pressures from energy, commodity, and trade disruptions. The program, running from 2026 to 2028, aims to help maintain essential services, secure critical imports, and protect development progress. The initiative comes amid rising global economic and financial strains.
Topics: development funding economic stability energy disruptions international trade OPEC Fund