IDB assures continued financial support to Pakistan


ISLAMABAD: President of the Islamic Development Bank Dr Sulaiman Al Jasser has assured Prime Minister Shehbaz Sharif of continued financial support to Pakistan.

The IDB President, in a telephonic conversation with PM Shehbaz Sharif, termed Pakistan a brotherly country and vowed to cooperate with it, reported Radio Pakistan.

The Prime Minister thanked the IDB President IDB for giving one billion dollars to Pakistan and said the received amount also played an important role in finalizing the standby agreement with the International Monetary Fund.

He said without the IDB’s support, the IMF’s deal with Pakistan’s was difficult to materialize.

The Prime Minister said the Islamic Development Bank is an important partner of Pakistan, which helped it in difficult times.

He recalled his meeting with Sulaiman Jasser in France, and said Pakistan is keen to further strengthen its partnership with the IDB.

He apprised the IDB President of the recently established Special Investment Facilitation Council for the promotion of investment in the country.

The body has been set up to increase investment in various sectors of the country.

The Prime Minister invited Dr Sulaiman Al Jasser to visit Pakistan.

 

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