The Arab Gulf Programme For United Nations Development Organizations (AGFUND) has decided to contribute to the finance for 18 projects in developing countries. In a meeting presided over in Riyadh today by Yousef bin Ibrahim Albassam, Vice President of AGFUND and representative of the Kingdom of Saudi Arabia to the organization, on behalf of its President Prince Talal bin Abdulaziz, AGFUND also approved the budget for the fiscal year 2005 and the budget for AGFUND's international prize for pioneering developmental projects.