IDB Approves $267Mn In New Lending
At the most recent meeting of its Board of Executive Directors, the Islamic Development Bank (IDB) approved new lending of over $267mn for member and non-member states. According to an IDB statement on 17 July, the finance will be allocated to four areas. $104mn will fund development projects IDB member states Iran, Gambia, Turkey, Benin, Jordan and Tunisia. Technical assistance operations worth $791,000 will be financed in...