This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at http://ift.tt/jcXqJW.
Tuesday 09 Jun 2015 - 22:51 Makkah mean time-22-8-1436
 Maputo (IINA) – Filipe Nyusi, president of Mozambique, will open the 40th annual meeting of the Board of Governors of Islamic Development Bank (IDB) Group in Maputo, capital of Mozambique, on Wednesday.
Ministers of finance, economy and planning of IDB member states as well as senior officials of Mozambique will attend the two day event.
Dr. Ahmad Mohamed Ali, president of IDB, said that this is the first time the meeting of the IDB Board of Governors is taking place in the southernmost part of Africa, to which the IDB gives priority in its development programs and plans. “The meeting has taken place several times in the past in a number of member countries in the west, east and north of the African continent thereby indicating the IDB’s firm commitment to supporting developmental efforts on the continent,” he said in Jeddah before leaving for Mozambique.
Dr. Ali called to establish Islamic microfinance institutions in Mozambique in order to alleviate poverty and increase financial integration. He made the call during his speech on Monday at the opening of the 10th Global Forum of Islamic Finance, which was held in Maputo on the sidelines of the IDB’s annual meeting. “The IDB spent about $ 190 million on 35 different projects in the member states to create thousands of jobs opportunities for the poor and low-income people,” he said. The forum was jointly organized by the IDB’s Islamic Institute for Research and Training, the Central Bank of Mozambique and the General Council for Islamic Banks and Financial Institutions.
AB/IINA
|
No comments:
Post a Comment