Islamic Development is considering asking instruments with the participation of the World Bank

Last updated 04/04/2016 - 00:45 Views 25

Economy News / Follow-up ..

IDB chairman familiarize put instruments to help finance the reconstruction of countries devastated by war, pointing to the possible participation of the World Bank in propositions.
He announced Bank President Ahmad Mohamed Ali - on the sidelines of an industry conference in Kuwait - "should put the final touches on the IPO with the World Bank, but it will put forward a joint probably."
And the financing of special activities to refugees and reconstruction of the priorities of the bank, based in Jeddah, Saudi Arabia-based.
The bank had last month launched an initiative with the World Bank and the United Nations to help the more than 15 thousand displaced people in the region.
The Bank is to identify specific projects to be implemented in the framework of the initiative, and will be a priority for Yemen, it is likely that the World Bank and the Islamic Development Bank jointly issued instruments.