The Islamic Development Bank Group (IsDBG) hosted its 44th Annual Meeting of the Board of Governors from 3 – 6 April 2019, under the generous patronage of His Majesty King Mohamed VI of Morocco. The four-day meeting gathered representatives from the bank’s 57 Member Countries to continue the process of sustaining comprehensive development of the IsDBG’s vision and strategy. During the meeting, the IsDBG committed to $337 million of new investment to its member countries.
The Islamic Development Bank (IsDB) has strongly called on developing countries to work together for the development of National Ecosystems for South-South Cooperation (SSC). Developing National Ecosystems through triangular cooperation will be a major milestone that will strengthen the effort of developing countries to achieve the priorities of the 2030 Agenda according to the Jeddah based multilateral development bank.
The IsDB, organized a workshop on “Unlocking Indonesia’s Potential in Procuring Social Sector Projects through PPPs” aiming to enhance the institutional capacity of public sector agencies to engage in PPPs in the health and education sectors.
H.E. Dr. Bandar Hajjar, President of Islamic Development Bank (IsDB) met H.E. Mr. Joko Widodo, the President of Indonesia at the Presidential Palace in Jakarta and expressed, on behalf of IsDB, his sincere condolences for the victims of the recent earthquake in Sulawesi. He informed that IsDB has approved on 9 October 2018 a Technical Assistance Grant for US$1Million (IDR 15 Billion) to support the emergency relief efforts.