Finance & Capital Market

IsDB, UNDP discuss joint initiatives to finance recovery

Jeddah
IsDB, UNDP discuss joint initiatives to finance recovery
Dr Muhammad Al Jasser


The Islamic Development Bank (IsDB) Group and United Nations Development Programme (UNDP) have discussed expanding joint initiatives to support recovery and mobilise additional development financing through the IsDB's Response, Recovery, and Resilience (3R) Facility.

IsDB Chairman Dr Muhammad Al Jasser met UNDP Administrator Alexander De Croo on the sidelines of the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok, Thailand and discussed strengthening resilience and supporting recovery efforts in IsDB member countries affected by fragility or crises, a Saudi Press Agency (SPA) report said.

They further explored the use of artificial intelligence and digital solutions to promote inclusion and expand access to opportunities in IsDB member countries.TradeArabia News Service