01 | THE HIGHLIGHTS – FOREWORD BY THE PRESIDENT
ABDULHAMID ALKHALIFA OPEC Fund President
increased public profile the OPEC Fund is working to attract. Key to this endeavor is our Development Forum hosted annually in Vienna in June — now a fixture on the international conference circuit for discussing and driv- ing South-South cooperation. As 2023 started with our successful debut on the capital market, it was only fitting that it ended with encouraging news on a similar front: Late in December the interna- tional ratings agency S&P Global Ratings upgraded our credit rating to AA+, with a stable outlook. This upgrade, driven by our increasing development impact and reach, will position the OPEC Fund to mobilize even more re- sources for the benefit of our partner countries.
our dedicated staff drives us from strength to strength. Indeed, the well-being of our staff — in many ways the OPEC Fund’s most valuable asset — remains at the heart of my considerations. I would like to thank our member countries for their steadfast support, our partner countries for their excel- lent cooperation, our host country for our outstanding relationship, our business partners for their effective collaboration and our staff for their continuous commit- ment and dedication. Without all these contributions, our success in 2023 would not have been possible. I am proud and honored to lead the OPEC Fund and I look forward to what we will accomplish together in the years ahead — particularly on the road to 2030.
This well captures our commitment and capacity as
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