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Financing The Sustainable Development Goals: The Contributions of the Multilateral Development Banks
FINANCING THE SUSTAINABLE DEVELOPMENT GOALS THE CONTRIBUTIONS OF THE MULTILATERAL DEVELOPMENT BANKS ASIAN DEVELOPMENT BANK The organizations partnering on this report are the African Development Bank, Asian Development Bank, Asian Infrastructure Investment Bank, Council of Europe Development Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank Group, International Finance Corporation, Islamic Development Bank, New Development Bank, World Bank Group, and the International Monetary Fund as members of the meetings of the Heads of Multilateral Development Banks (MDBs). The use of the term "MDBs" in this report refers to these 11 banks, and the International Monetary Fund's role is specified as appropriate.
2019 FINANCIAL STATEMENTS ISLAMIC DEVELOPMENT BANK ORDINARY CAPITAL RESOURCES FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2019 This is the second of two volumes of the Annual Report of the Islamic Development Bank. The first volume reviews the development impact of the Bank’s investments, projects and policies, highlights innovation in key sectors and initiatives during the year.
ISLAMIC DEVELOPMENT BANK 37 Years In the Service of Development Islamic Development Bank Group THIRTY-SEVEN YEARS IN THE SERVICE OF DEVELOPMENT Rajab 1432H (June 2011) For enquiries about this booklet, please write to: Director, Economic Research and Policy Department Islamic Development Bank P. O.
THIRTY-FIVE YEARS IN THE SERVICE OF DEVELOPMENT Jumad Awwal 1430H (May 2009) Go to Table of Contents For enquiries about this booklet, please write to: Director, Economic Policy and Statistics Department Islamic Development Bank P.O.Box 5925, Jeddah, 21432 Saudi Arabia Fax: +966-2-6467478 Email: epsp@isdb.org Information Brochure Jumad Awwal 1430H (May 2009) ISSN 1658-4449 Go to Table of Contents IDB GROUP OVERVIEW CAPITAL STRUCTURE IDB (IDi) Authorized Capital Subscribed Capital Paid-In Capital 1429Hiii At Inception 1429H At Inception 1429H At Inception (in million) ICD ($) ii ICIEC (ID) ITFC ($) 30,000 1,000 150 3,000 2,000 1,000 100 3,000 15,076 500 148.2 750 750 350 68.8 500 3,299 357.4 73.9 514.9 280 88.1 63.8 446.1 NET APPROVALS 1396H-1429H (1976-28 DECEMBER 2008) Activity (I) Project Financing from OCRiv Number of Operations 2,281 Amount Approved (in million) (ID) 13,129.4 ($) 18,370.7 Of which Technical Assistance 857 228.0 268.8 463 3,736.7 5,399.2 Total Project Financing (I + II) 2,744 16,866.2 23,770.0 Trade Financing Operations 2,095 23,597.4 32,429.1 Special Assistance Operations 1,264 520.8 669.4 Total Net Approvals 6,103 40,984.5 56,868.4 (II) Project Financing by Funds/Entities (UIF, IBP, APIF, ICD and Treasury Dept.) ___________________________________________ Islamic Dinar (ID) is the unit of account of the IDB and is equivalent to one Special Drawing Right (SDR) of the IMF. As per Articles of Agreement, Authorized/Subscribed Capital for the ICD is in US dollar ($). iii It stands for Hijra Year which is an Islamic Lunar calendar system comprising 12 months and contains 354 days, which is about 11 days less than the Gregorian calendar year. iv OCR refers to Ordinary Capital Resources. i ii Go to Table of Contents Go to Table of Contents CONTENTS SOUTH-SOUTH DEVELOPMENT INSTITUTION......................................... 1 Vision for Human Dignity............................................................................. 1 Institutional Development............................................................................. 2 IDB Reform................................................................................................... 2 Support from Member Countries................................................................... 3 Financial Position and Credit Worthiness...................................................... 3 Enhancing Institutional Effectiveness........................................................... 4 ENHANCING DEVELOPMENT ASSISTANCE TO MEMBER COUNTRIES................................................................................. 5 Enhancing Trade Financing........................................................................... 6 Increasing Special Assistance Operations..................................................... 6 Participation in Debt Relief Initiatives.......................................................... 7 STRATEGIC AREAS . .......................................................................................... 8 Promoting Human Development and Reducing Poverty............................... 8 Infrastructure Development......................................................................... 12 Fostering Economic Cooperation ............................................................... 13 Promoting Islamic Financial Services Industry........................................... 17 Capacity Building For Development........................................................... 18 Private Sector Development ...................................................................... 21 EMERGING CHALLENGES AND THE WAY FORWARD........................... 23 ANNEXES IDB Modes of Financing............................................................................. 25 IDB Subscribed Capital and Membership .................................................. 26 Contact Details............................................................................................. 27 Go to Table of Contents SOUTH-SOUTH DEVELOPMENT INSTITUTION T he Islamic Development Bank Group (IDB Group) is a South-South1 multilateral development institution which operates in accordance with the principles of Shari’ah (Islamic law) to foster economic development and social progress of its member countries as well as Muslim communities in non-member countries.
ISLAMIC DEVELOPMENT BANK BRAIN DRAIN IN IDB MEMBER COUNTRIES: Trends and Developmental Impact IDB Occasional Paper No. 12 Rabi Thani 1427H (May 2006) © Islamic Development Bank Economic Policy & Strategic Planning Department Disclaimer: The views expressed in this paper are those of the authors and do not necessarily represent the views of the Islamic Development Bank Group or its member countries. Table of Contents TABLE OF CONTENTS Page List of Acronyms and Abbreviations iii Foreword v Acknowledgements vii Executive Summary ix Introduction 1 Part One: Trends in Brain Drain Chapter One: Recent Trends in Brain Drain 1.1 Overview of Demographic, Human and Economic Trends 1.2 Trends in Migration and Brain Drain 1.3 Level of Intra-Migration and Intra-Brain Drain 7 7 9 17 Chapter Two: Impact of Brain Drain on Member countries 2.1 Major Causes of Brain Drain 2.2 Impact on Member Countries 2.3 Impact on Intra-Trade and Intra-Investment 21 21 23 31 Part Two: Brain Drain or Gain in Selected Member Countries Chapter Three: Reversing a Severe Brain Drain in Senegal 3.1 Recent Socioeconomic Trends 3.2 Migration and Brain Drain from Senegal 3.3 Consequences of Brain Drain 3.4 Causes of Brain Drain 3.5 National Strategy and Policies 3.6 International Cooperation 35 35 36 38 41 42 44 Chapter Four: Converting Brain Drain into Gain in Pakistan 4.1 Migration Driven by Poverty and Unemployment 4.2 Migration History and Recent Trends 4.3 Consequences of Migration of the Highly-Skilled Pakistanis 4.4 Migration Policies and Set-up 47 47 49 52 53 Chapter Five: Enhancing Gain from Brain Drain in Egypt 5.1 Driving Forces behind Brain Drain in Egypt 5.2 Types of Brain Drain in Egypt 5.3 Consequences 5.4 Laws, Policies and Programmes 57 57 58 62 63 Part Three: Migration Policies and Cooperation among Member Countries Chapter Six: Migration Strategies and Policies 6.1 National Migration Strategies and Policies 6.2 Regional Migration Arrangements 6.3 International Migration Arrangements 69 69 72 77 Chapter Seven: Cooperation between Labour-Exporting and Importing Member Countries 7.1 Migration and Brain Drain Challenges 7.2 Major Opportunities for Cooperation 7.3 Priority Areas of Cooperation 83 83 84 86 Conclusion 91 i Table of Contents 95 References Statistical Annexes Annex 1.1: Major Demographic Indicators of Member countries, 1990-2004 Annex 1.2: Major Human Indicators of Member countries, 1990-2004 Annex 1.3: Major Macro Economic Performance of Member countries, 1990-2004 Annex 1.4: Migrants from Member countries Residing in OECD Countries, 2005 Annex 1.5: Migrants Aged 15+ from Member countries Residing in OECD Countries, 2005 Annex 1.6: Migrants Aged 15+ from Member countries by Skills Category, 2005 Annex 1.7: Member Countries Highly-Skilled Migration Rates to OECD Countries, Based on OECD Estimated, 2000 103 104 105 106 107 108 109 Annex 2.1: Remittances Trends in Member countries, 1990-2003 Annex 2.2: Relative Importance of Remittances in Member countries, 2003 110 111 List of Tables Table 1.1: Major Demographic Indicators of Member Countries, 1990-2004 Table 1.2: Major Human Development Indicators of Member Countries, 1990-2004 Table 1.3: Major Macro-economic Performance of Member Countries, 1990-2004 Table 1.4: Migrants Born in Member Countries Resident in OECD Countries Table 1.5: Migrants Aged 15+ Born in Member Countries Resident in OECD Countries.
Annual Report 2018 Transforming People’s Futures Expanding Coverage. Ensuring Sustainability.
ISLAMIC DEVELOPMENT BANK ORDINARY CAPITAL RESOURCES Financial Statements and Independent Auditor’s Report For the year ended 31 December 2024 ISLAMIC DEVELOPMENT BANK - ORDINARY CAPITAL RESOURCES Financial Statements and Independent Auditor’s Report For the year ended 31 December 2024 Contents Independent auditor's report Page No. 1-5 Statement of financial position 6 Statement of income 7 Statement of other comprehensive income 8 Statement of changes in members’ equity Statement of cash flows Statement of changes in off-balance-sheet assets under management Notes to the financial statements 9 10 11 12 – 57 Deloitte and Touche & Co. Chartered Accountants (Professional Simplified Joint Stock Company) Paid-up capital SR 5,000,000 The Headquarters Business Park Tower 2444, Taha Khasiyfan, Ash Shati District, P.O.
Occasional Paper 5 ISLAMIC DEVELOPMENT BANK Exploring Trade Complementarities Among the IDB Member Countries Mohammad Ahmed Zubair Economic Policy and Strategic Planning Department The findings, interpretations, and conclusions expressed in this Paper are entirely those of the author. They do not necessarily represent the views of the Islamic Development Bank and its member countries.
TRIANGULAR CO-OPERATION IN THE ERA OF THE 2030 AGENDA SHARING EVIDENCE AND STORIES FROM THE FIELD GLOBAL PARTNERSHIP INITIATIVE ON EFFECTIVE TRIANGULAR CO-OPERATION │1 Triangular Co-operation in the Era of the 2030 Agenda Sharing evidence and stories from the field 2│ Foreword by the OECD Secretary-General The Second UN High-level Conference on South-South Co-operation (BAPA +40) held in Buenos Aires, 20-22 March 2019,was a historical event: 40 years after the Buenos Aires Plan of Action (BAPA) was agreed, over 150 countries came back to Argentina to show that South-South and triangular co-operation are central elements of international cooperation. Moreover, BAPA+40 was instrumental in putting into action the 2030 Agenda for Sustainable Development by calling for more and stronger partnerships with civil society organisations, research institutes, philanthropic organisations, and the private sector – just to name some partners beyond governments.
Building Bridges “G20 STOCK-TAKE: BEST PRACTICES OF MDBs AND SPECIALIZED MULTILATERAL INSURERS IN POLITICAL RISK INSURANCE FOR EQUITY INVESTMENTS, MEDIUM AND LONG TERM DEBT INVESTMENTS AND OTHER INSURANCE SOLUTIONS” A TECHNICAL REPORT G20 – International Financial Architecture Working Group (IFA-WG) PREPARED BY IsDB/ICIEC SEPTEMBER 2020 Legal Disclaimer This document has been prepared by the IsDB Group, ICIEC, with inputs and collaboration provided by MDBs, SMIs and ECAs. The views and opinions expressed herein are wholly those of IsDB and ICIEC.