The Arab Coordination Group Approves US$ 8.6 Billion to Help Countries Tackle the Economic Impact of COVID-19 Pandemic

The Arab Coordination Group (ACG) comprising of Arab Financial Development Institutions has approved/committed US$8.6 billion financing for developing countries to help them tackle the economic impact of the COVID-19 Pandemic. Earlier, on 18 May 2020, at the invitation of the Islamic Development Bank (IsDB), the ACG Institutions agreed to pledge…