Islamic Development Bank

Empowering people for a sustainable future

Driving innovation, partnerships, Islamic Finance and value chains

COVID-19: The latest updates from IsDB

In the presence of PM of #Jordan, the country's Minister of Planning & Int'l Coop. Nasser Al Shraideh & #IsDB Pres. H.E. Dr. Al Jasser signs a $200m agreement to support #foodsecurity as 1st agreement within IsDB FSRP program. They also inked a $10.05 m for #SMEs in #tourism.

The agreement to finance an emergency #foodsecurity project in #Jordan aims to enhance food security, mitigate the impact of the global rise in #grain prices on vulnerable families & enhance #resilience of food security system by increasing storage capacity for #wheat & #barley.

The agreement to support SMEs in Jordan’s #tourism sector comes within #IsDB Group Strategic Preparedness & Response Program (SPRP), to confront #COVID19 & aims to help MCs overcome the impact of the crisis by supporting enterprises to carry out their activities. #SDGs

Prime Minister of #Jordan H.E. Dr. Bisher Al Khasawneh & the country's Minister of Planning & Int'l Cooperation Nasser Al Shraideh receive #IsDB President Dr. Al Jasser. The meeting commends bilateral relations & appreciated economic reforms to advance socioeconomic development

Country Focus

This section takes a closer look at the role IsDB plays in funding sustainable socio-economic growth in each of our 57 Member Countries.

The Board of Executive directors of the Bank, at its 344th meeting held on 13 February 2022, approved a total of EUR 297.67 million for 3 Member Countries under the Regional Hub of Dakar. These are: EUR 35.14 million for Phase 3 of the Hydro-Agricultural Development Project in Upper Sassandra and Fromager Regions in Cote d’Ivoire, EUR 24.30 million for Phase 2 of the Development of Technical and Vocational Education Project, Guinea, and EUR 238.23 million for the Construction of the Dakar – Tivaouane - Saint Louis Highway/ Mékhé - Saint Louis Project.