The meeting of the Minister of Economy with the head of the Islamic Development Bank/ Madanizadeh's emphasis on speeding up the assignment of projects supported by the Islamic Development Bank

The Minister of Economic Affairs and Finance, in a meeting with Dr. Mohammad Suleiman Al-Jasser, President of the Islamic Development Bank, emphasized the need to speed up the assignment of approved projects, remove implementation obstacles and use the bank's financing capacities to complete the country's priority projects. The post Meeting of the Minister of Economy with the head of the Islamic Development Bank / Madanizadeh's emphasis on speeding up the assignments of the projects supported by the Islamic Development Bank appeared first on Safir Arjan.

According to Ambassador Arjan, Dr. Seyed Ali Madanizadeh, Minister of Economic Affairs and Finance, on the sidelines of the 9th annual meeting of the International Monetary Fund and the World Bank Group in Bangkok, met with Dr. Mohammad Suleiman Al-Jasser, President of the Islamic Development Bank, and discussed the process of implementing projects supported by this bank and ways to strengthen financial and development cooperation.

In this meeting, following up on the approved plans and removing the obstacles to their implementation, especially in the fields of environment, urban sewage and the development of educational infrastructure, were among the main points of the negotiations.

Also, the issue of credit extension and re-approval of some priority plans whose evaluation stages have been done before was examined. The two sides also emphasized the necessity of following up on the use of the remaining projected credits to complete the ongoing projects.

Strengthening bank coordination, assigning payments related to installments and facilitating the process of repaying financial obligations were also among the other issues raised in this meeting; Issues that follow up can help prevent interruptions in the implementation of projects and the continuation of joint collaborations.

At the end of this meeting, it was emphasized on the continuation of expert consultations, removing the existing obstacles and focusing on the completion of half-finished projects with the aim of more effectively using the capacities of cooperation with the Islamic Development Bank.