Finance Minister AHM Mustafa Kamal Now Turns to IsDB for Help

Finance Minister AHM Mustafa Kamal Now Turns to IsDB for Help

Finance Minister AHM Mustafa Kamal yesterday approached the Islamic Development Bank (IsDB) seeking assistance within the areas of food security, health and agriculture sector development and mechanisation as a part of the government's efforts to tug the country out of the pits that the worldwide coronavirus pandemic has nudged it to.

He sought the help while chatting with Bandar MH Hajjar, president of the multilateral development lender, during a teleconference, the finance ministry said during a handout .

 

Finance Minister AHM Mustafa Kamal Now Turns to IsDB for Help

"Under this circumstances, our major challenge is to mobilise financing. Ensuring food security for the people and rehabilitating the affected the low-income people are the foremost important need of the hour," Kamal said.

Hajjar assured the minister of finance of the group's assistance altogether of the areas. The IsDB and Bangladesh would sit together to debate and fix the problems of financing and timelines, he said, consistent with the handout .

Jeddah-based IsDB has announced a $2.3 billion package to assist its 57 member countries fight the coronavirus pandemic. A founding member of the IsDB, Bangladesh is currently implementing 11 projects bankrolled by the lender.