year program was keen to address the economic challenges facing our Islamic nation and to forge development plans qualified to achieve development and prosperity in the Islamic world, whereas the program has focused on enhancing economic cooperation and cross-trade and being interested in issues relating to science and technology and to alleviate poverty and the quest to eradicate diseases and epidemics in the OIC member States. In this regard, Saudi Arabia has announced its contribution of $ one billion to the Fund of Poverty Combat in the Islamic world. Moreover, the Islamic Development Bank has appropriated one billion U.S. dollar from its budget to support the Fund, bringing to 2.6 billion U.S. dollar the total pledges received by the fund so far. We look forward to initiatives from Member States to pump as much as ten billion U.S. dollars in the Fund's capital. --More
