Islamic Development Bank (IsDB)

#Doha: H.E. Dr. Muhammad Al Jasser, Islamic Development Bank (IsDB) President, participated in a high-level roundtable discussion entitled “The Fund for the Future” which was co-chaired by H.E. Mr. Ali bin Ahmed Al Kuwari, Ministry of Finance Qatar, H.E. Mr. Mohammed Al Jadaan, Ministry of Finance, Saudi Arabia, and H.E. Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund. Discussions focused around sustainable financing strategies, stimulating economic growth, supporting innovation in financial development, and boosting knowledge sharing. Dr. Al Jasser, in his intervention, praised the International Monetary Fund for its efforts to adapt and respond to recurrent economic shocks & structural challenges, as well as collaborate further with the #IMF on the development of Sukuk markets. He also recognized the #IMF's critical role in building a credible framework for #macroeconomic and financial #stability.

🗨️ The Islamic Development Bank (IsDB) is the only Multilateral Development Bank that has shareholders entirely from the #GlobalSouth, said Dr. Issa Faye, Head of Delegation of IsDB to #UNGA79, at a climate policy dialogue focusing on #SouthSouth and #TriangularCooperation pathways to the #SDGs. IsDB has a unique perspective in being a voice of the South. We are working and struggling with developing countries, said Dr. Faye. We believe that #SouthSouthCorporation for climate action must have a fair distribution of costs, taking into account specificities and long-term needs. IsDB Reverse Linkage mechanism facilitates demand-driven matchmaking between countries, to share knowledge, resources, skills, and technologies through South-South and triangular cooperation.

#UNGA 79, we are delighted to invite you to the 📌 2024 Global Advocacy Dialogue Series: Leveraging Private Sector Strength in the #GlobalSouth An event co-organized by the Islamic Development Bank (#IsDB) and the United Nations Office for South-South Cooperation (UNOSSC). 🗓️ 26 September 🕐 9:30 AM EST Learn more: 🔗https://lnkd.in/eBsRkhbU

#New York: Representing the #IsDB_Group Chairman in the Heads of MDBs meeting with the UN on the margins of #unga79, our Vice President of Finance, Dr. Zamir Igbal, and other esteemed MDBs leaders have held a strategic discussion with the United Nations Secretary-General António Guterres and top UN officials in an unprecedented joint effort to help countries accelerate progress toward meeting the #Sustainable Development Goals (SDGs) by 2030.   The extraordinary meeting marked a reinvigorated partnership between the #UN and #MDBs to boost the impact of multilateral institutions. It was underscored that countries need between $2.5 trillion and $4 trillion in additional financing and investment each year to meet the 2030 deadline. To achieve this, MDBs aim to play a crucial role in narrowing the financing gap with the support of their shareholders.   The discussion focused on three strategic areas of collaboration: reinforcing MDBs' efforts to become a better, bigger, and more effective multilateral system; enhancing effective partnership between the UN and MDBs at the country level, especially in fragile and conflict-affected countries; and catalyzing private-sector resources to increase sustainable investment in developing countries.   The #UN and #MDBs agreed to collaborate on the 4th International Financing for Development Conference (FfD4) next year in Seville, Spain. At this conference, countries are expected to decide how to increase development financing and discuss how to improve the international financial architecture.   MDB leaders highlighted steps to accelerate the SDGs based on the 16 concrete deliverables outlined in the "Viewpoint Note," a joint MDB work plan released in April 2024. These wide-ranging initiatives include scaling up MDB financing capacity, boosting joint action on climate, and catalyzing private-sector investment. The MDBs also discussed how they can channel special drawing rights (SDRs) to significantly increase financing for the SDGs, including supporting initiatives such as the G20 Global Alliance against Hunger and Poverty.

بمناسبة حلول الذكرى الـ94 لليوم الوطني لـ #المملكة_العربية_السعودية، يرفع معالي الدكتور محمد بن سليمان الجاسر، رئيس مجموعة #البنك_الإسلامي_للتنمية، باسمه ونيابة عن منسوبي مجموعة البنك، أسمى التهاني والتبريكات لمقام خادم الحرمين الشريفين الملك سلمان بن عبد العزيز آل سعود، ولصاحب السمو الملكي الأمير محمد بن سلمان ولي العهد ورئيس مجلس الوزراء - حفظهما الله- وللشعب السعودي الكريم، داعيا الله العلي القدير أن يعيد هذه المناسبة الوطنية السعيدة والمملكة ترفل في حُلل المجد والتطور والازدهار. للمزيد👈: https://lnkd.in/dBgBAbBt #اليوم_الوطني_السعودي_94 #نحلم_ونحقق

#IsDB President, H.E. Dr. Muhammad Al Jasser, accompanied by the Chairman of the Board of the State Bank for Foreign Economic Affairs (IsDB Governor) for Turkmenistan, H.E. Mr. Rahimberdi Jepbarov, visited the diagnostic center in #Ashgabat which was co-financed by #IsDB and the Saudi Fund for Development. The facility is vital for improving healthcare services in Turkmenistan, offering advanced diagnostics to enhance patient care. IsDB remains committed to supporting Turkmenistan’s healthcare infrastructure, aligning with the country’s development goals and #SDG3 (Good Health and Well-Being). #Healthcare #IsDB #SustainableDevelopment

#IsDB President H.E. Dr. Muhammad Al Jasser met with the Minister of Healthcare and Medical Industry, H.E. Mr. Myrat Mamedov. The Chairman of the Board of the State Bank for Foreign Economic Affairs (IsDB Governor) for Turkmenistan, H.E. Mr. Rahimberdi Jepbarov was also in attendance. Discussions focused on enhancing healthcare infrastructure and to advance key health initiatives. #IsDB #Healthcare #SustainableDevelopment #SDG3

In Ashgabat, H.E. Mr. Rashid Meredov, Deputy Chairman of the Cabinet of Ministers and Minister for Foreign Affairs of Turkmenistan, received H.E. Dr. Muhammad Al Jasser, President of the Islamic Development Bank (IsDB), in his office. During their meeting, the two leaders discussed areas of collaboration aimed at supporting Turkmenistan’s development plans and advancing key initiatives aligned with the country’s long-term vision for prosperity and stability. 

Today in Ashgabat, accompanied by Mr. Rahimberdi Jepbarov, Chairman of the Board of the State Bank for Foreign Economic Affairs and IsDB Governor for Turkmenistan, H.E. Dr. Muhammad Al Jasser, President of the Islamic Development Bank (IsDB), and his delegation visited the Exhibition of Economic Achievements of Turkmenistan, celebrating the nation’s remarkable strides in development. During the visit, Dr. Al Jasser praised Turkmenistan’s economic performance and reiterated IsDB’s unwavering commitment to supporting the country’s sustainable development goals. The exhibition highlighted Turkmenistan’s progress in key sectors, showcasing the country’s drive towards a prosperous and sustainable future. #IsDB #EconomicAchievements #SustainableGrowth #Turkmenistan #DevelopmentPartnership

Today in Ashgabat, H.E. Mr. Hojamyrat Geldimyradov, Deputy Chairman of the Cabinet of Ministers of Turkmenistan, alongside Mr. Rahimberdi Jepbarov, Chairman of the Board of the State Bank for Foreign Economic Affairs and IsDB Governor for Turkmenistan, hosted H.E. Dr. Muhammad Al Jasser, President of the Islamic Development Bank (IsDB), and his delegation for high-level bilateral talks. The discussions explored key areas of collaboration, including healthcare, telecommunications, and infrastructure, while also highlighting Turkmenistan’s positive economic achievements. Both sides emphasized the importance of economic diversification and aligning efforts with Turkmenistan’s 2022-2052 national development plan, reinforcing IsDB’s commitment to supporting the country’s sustainable growth. #IsDB #EconomicGrowth #Healthcare #Infrastructure #Telecommunications #SustainableDevelopment #PartnershipForDevelopment