The Government of Pakistan and the Islamic Development Bank (IsDB) have signed financing agreements for the Sindh Flood Emergency Housing Reconstruction Project which aims to construct 700,000 houses benefiting an estimated 4.2 million people in rural areas.
IsDB Group has signed a US$120 million agreement with Türkiye’s Ministry of Treasury and Finance to contribute to the country’s reconstruction and recovery plan that strives to fully restore the delivery of urgent and critical health services to the earthquake-affected areas.
A meeting between H.E. Dr. Mehmet Şimşek, Minister of Treasury and Finance and IsDB Governor for Turkiye, and Dr. Walid Abdelwahab, Director of the Islamic Development Bank Group Regional Hub Türkiye, focused on an interactive discussion of current and future collaboration between Türkiye and IsDB Group.
Teams of development and financial operations experts from the Islamic Development Bank (IsDB), Turkiye’s Development and Investment Bank (TKYB), and the Industrial Development Bank of Turkiye (TSKB) convened in separate workshops, from13-16 February 2024, to exchange views and share capacity for spearheading the recovery and resilience building efforts in the country’s quake-hit areas.
The Islamic Development Bank (IsDB) and the Ministry of Economy of the Republic of Azerbaijan have signed a Memorandum of Understanding (MoU), establishing a collaborative framework for the Country Engagement Framework (CEF) for Azerbaijan during 2024-2026.