Prime Minister Muhammad Shehbaz Sharif meets President of the Islamic Development Bank (IsDB)
Prime Minister Muhammad Shahbaz Sharif met the President of Islamic Development Bank (IsDB), Dr. Muhammad Al Jasser on the sidelines of the Summit for a New Global Financial Pact being held in Paris, France, today.
The long-standing cooperation and engagement between Pakistan and IsDB was discussed during the meeting. The Prime Minister and President IsDB took stock of the progress on various ongoing projects and exchanged views on new avenues of collaboration. The Prime Minister thanked Dr. Al Jasser on behalf of the Government and people of Pakistan for IsDB’s participation in the International Conference on Climate Resilient Pakistan held in Geneva on 9 January 2023. The Prime Minister lauded IsDB’s announcementat that Conference to provide USD 4.2 billion in support of Pakistan’s post floods recovery. He acknowledged the personal contribution and leadership role of Dr. Al Jasser in galvanising this huge volume of financial support.
The Prime Minister underscores that IsDB’s beneficial partnership with Pakistan will go a long way in helping the people of the country to rebuild their lives and livelihoods, and also support the sustainable development objectives of the Government. The Prime Minister briefed Dr. Al Jasser on the recently formed Special Investment Facilitation Council to streamline foreign investments in the country and provide a one window solution to address all concerns of foreign investors.
The Prime Minister also renewed the invitation to President IsDB to visit Pakistan at his earliest convenience.
Editor: Raja Kamran