The Board of Governors of the Islamic Development Bank Group (IDB) held its 42nd annual meeting in Jeddah today to discuss development issues and institutional matters. The Chairman of the IDB Group Dr. Bandar Bin Hamza Hajjar attended the meeting, as well as ministers of finance, economy and planning from the 57 IDB Group member countries, and over 2,000 other participants from international regional finance institutions, representatives of Islamic banks, contractors and consultants. The International Islamic Trade Finance Corporation (ITFC) explored opportunities for growth of Member State small and medium enterprises. ITFC Chairman Engineer Hani Salem Sunbel said the meeting offers a platform for Member Countries to analyze obstacles and recommend strategies to stimulate economies. He said the IDB meetings would witness the signing of agreements between the ITFC and the governments of Burkina Faso, Mali and Gambia.
