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Suriname seeks further cooperation with Islamic Development Bank Group
Suriname seeks further cooperation with Islamic Development Bank Group
Tuesday, 24 March 2015
Jeddah, KSA, 23.03.2015 – Chairman of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali on Sunday, met with HE Gillmore Hoefdraad, Central Bank Governor and IDB Governor for the Republic of Suriname and his accompanying delegation.
Relaying the message of appreciation of HE the President of the Republic of Suriname to IDB Group Chairman, HE Gillmore Hoefdraad praised the existing relations between his country and the IDB Group and underlined Suriname’s desire to promote further cooperation. The IDB Governor further noted that the response from the various entities of the IDB Group have been very favorable especially in the health and education sectors to which the Bank has contributed US $75 million.
The meeting focused on discussing the progress made in the implementation of the partnership strategy between the Government of Suriname and the IDB Group, signed last November, under which the IDB Group is focusing on supporting the priority sectors set by Suriname.
HE Gillmore Hoefdraad stated that his country currently benefits from IDB’s “reverse Linkage” program for exchange of expertise amongst member countries based on which Suriname is currently cooperating with Malaysia to take advantage of Kuala Lumpur’s expertise in the development of agriculture, particularly in rice production.
The IDB Group Chairman, Dr. Ahmad Mohamed Ali, expressed pleasure over the tangible progress made by Suriname, as well as the cooperation between Suriname and Malaysia. Dr. Ali stated that the visit by HE Gillmore Hoefdraad will help uplift the existing relations between Suriname and the IDB Group.
The Republic of Suriname joined the IDB in 1997. Since then, the IDB Group has approved US $108 million for financing various development projects in the country with a focus on the health and transport sectors. IDB comprises 56 member countries of which the Republic of Suriname is the only one from the South American continent.
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