Rabadi holds meeting with Islamic Development Bank over mobilising support to Kingdom

AMMAN — Minister of Planning and International Cooperation Wissam Rabadi on Wednesday held a videoconference with senior executives at the Jeddah-based Islamic Development Bank (IsDB) over mobilising support for Jordan’s intensive efforts towards combatting the outbreak of the coronavirus pandemic, according to a ministry statement.

The Board of Executive Directors of IsDB has approved some $2.3 billion for the IsDB Group Strategic Preparedness and Response Programme for COVID-19 pandemic.

The programme aims to support the bank’s member countries’ efforts to prevent, contain, mitigate and recover from the impact of the COVID-19 pandemic.

The programme envisages a holistic approach in the short, medium and long terms, accommodating priorities beyond the immediate and emergency response to the health sector, while putting member countries back on the path of economic recovery through restoring livelihoods, building resilience and kick-starting economic growth, according to the IsDB’s website.

The minister expressed appreciation for the bank’s ongoing support for Jordan’s economic development efforts, the statement added.