The Minister of People's Power for Economy and Finance, Alí Rodríguez Araque, was named the new vice chairman of the Ministerial Council of the OPEC Fund for International Development (OFID).
A report issued Thursday from Vienna indicates that the Council of Ministers, the Fund's highest executive body, named the Iranian Minister of Economy and Finance, Shamseddin Hosseini, as Chairman of the OFID.
The next session of the Council of Ministers will be held on June 17, 2010 in Venezuela.
Also, OFID announced that several projects were approved for funding in 12 countries, including Bolivia, Honduras, and Paraguay, for a total of more than 186 million dollars.
The Program for the Eradication of Extreme Poverty in Bolivia will receive 10 million dollars and a plan for the rehabilitation of rural roads in Honduras will receive 25 million dollars.
OFID will also provide 29 million dollars for the second stage of a rural road program in Paraguay.
Other countries that will benefit are Bosnia-Herzegovina, Egypt, Ethiopia, Gambia, Mali, Mozambique, Nepal, Pakistan, Rwanda, and Senegal.
Likewise, the Bolivian National Confederation of Indigenous Women "Bartolina Sisa" has been awarded the Annual OFID Prize for its defense of women's right to participate in the economic, social, and political life of Bolivia.
The prize was granted in recognition of the efforts of the NGO to improve the quality of life for poor and indigenous women in Bolivia, and as such raise the quality of life for the poorest segments of society.
Bolivarian News Agency, Press Unit of the Embassy of the Bolivarian Republic of Venezuela to the United States / June 19, 2009