ECONOMY


Islamic Development Bank Group announces $10.54 billion package for Food Security Response Program to respond to global food security crisis in its member countries

Baku, July 30, AZERTAC

The Islamic Development Bank (IsDB) Group has held an extraordinary joint meeting of the IsDB Board of Executive Directors, the Board of Directors of the Islamic Solidarity Fund for Development (ISFD), and the Board of Directors of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), chaired by IsDB President and Group Chairman, H.E. Dr. Muhammad Al Jasser, according to the official website of IsDB.

The joint meeting endorsed a USD 10.54 billion comprehensive Food Security Response Program (FSRP) package that will support member countries in addressing the ongoing food crisis and, most importantly, scale up the Group's continued efforts to contribute to strengthening its members' resilience to food security shocks in the future.

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