Hijjah 03, 1431H, Nov 09, 2010, SPA -- The Islamic Development Bank (IDB) Group has signed a Memorandum of Understanding (MoU) on Member Country Partnership Strategy (MCPS) with the Republic of Uganda which will be the vehicle for IDB Group support to Uganda for the next five years starting 2011 in line with the country's National Development Plan (NDP). The NDP is the foundation stone for the country's long term transformation process. The MoU was signed in the presence of the First Lady of the Republic of Uganda, Janet K. Museveni, by Syda Bbumba, Minister of Finance, Planning & Economic Development of Uganda and Dr Ahmad Mohamed Ali, President, IDB Group. Signing the MoU, Dr Ahmad Mohamed Ali said _"We, at the IDB Group, are determined to be part of Uganda's transformation process by focusing on the topmost priorities and utilizing whatever means we have at our disposal." The IDB Group has so far approved 28 operations in almost all sectors of the Ugandan economy, according to a press release of the IDB Group.
