SFD Cumulative Contributions

The Fund had, since its inception in 1975 and up to the end of 2018, financed 688 development loans with a total amount of SR 61958.61 million; the amount was allocated to finance 656 development projects and programs for the benefit of 83 developing countries worldwide. The projects and programs are illustrated in the following graph:

 

Geographical Distribution of SFD Projects

The Fund’s development policy focuses on geographically distribution of its loans to the poorest and least developed countries. Based on this principle, the Fund directed its developmental activity to Africa and Asia due to the low economic and developmental level, in addition to the increasing rates of population growth and unemployment and the reduced rates of income of in African and Asian countries. Accordingly, the Fund contributed to the financing of 388 development projects and programs in 46 African countries with a totoal amount of SR 35,135.37 million. In addition, the Fund contributed to the financing of 246 development projects and programs in 29 Asian countries with a total amount of SR 25,163.30 million. When it comes to other countries, the Fund contributed to the financing of 22 development projects and programs totaling SR 1,659.94 million, from which 8 countries around the world benefited, as illustrated in the following table: