« l’Algérie est l’un des contributeurs majeurs de la Banque et nous contribuerons à son développement économique »
Title: The Role of Algeria in the Islamic Development Bank: Insights from Al-Jasser’s Visit
On a recent visit to Algeria, Muhammed Ben Sulaiman Al-Jasser, the president of the Islamic Development Bank (IDB), emphasized Algeria’s significant role as one of the major contributors to the bank. His discussions with Algerian President Abdelmadjid Tebboune underscored the willingness of the IDB to support Algeria’s economic development.
During a formal meeting with President Tebboune, Al-Jasser noted that Algeria is one of the founding members of the IDB. He expressed gratitude for Tebboune’s comprehensive presentation regarding Algeria’s economic progress, which he described as both reassuring and promising. The IDB president highlighted the nation’s determination to implement medium and long-term development programs, showcasing Algeria’s commitment to national growth.
Al-Jasser also discussed the upcoming annual meetings of the IDB scheduled to take place in Algeria from May 19 to 22. He expressed satisfaction with the preparations for the event, which will gather representatives from 57 member states, including ministers of finance and governors of central banks. These meetings will focus on pressing economic issues facing member countries and explore plans to accelerate economic development.
In preparation for the annual meetings, Al-Jasser’s two-day visit included meetings with Algeria’s Minister of Finance and IDB Governor Abdelkrim Bouzred. The aim was to ensure that the assembly is appropriately organized, reflecting Algeria’s stature as a significant country and to foster an environment conducive to attracting future investments.
Al-Jasser expressed optimism about Algeria’s achievements and hopes to witness further advancements during his next visit in May. He mentioned discussions with President Tebboune about ambitious railway projects, recognizing their potential impact on Algeria’s future.
Concluding his statements, Al-Jasser extended his wishes for Algeria’s continued prosperity and success for its leadership in realizing the high aspirations of its ambitious populace.
Summary:
Muhammed Ben Sulaiman Al-Jasser, president of the Islamic Development Bank (IDB), visited Algeria to affirm the country’s vital role as a key member and contributor to the IDB. Following a meeting with President Abdelmadjid Tebboune, Al-Jasser expressed his appreciation for the president’s thorough overview of Algeria’s economic development, recognizing the country’s commitment to progressive medium and long-term growth strategies.
He discussed the upcoming IDB annual meetings, set for May, which will convene financial leaders from 57 member nations to address shared economic challenges and strategies for advancement. Al-Jasser’s visit underscored the importance of ensuring these meetings reflect Algeria’s significance on the global stage and aim to garner attention from potential investors.
During his discussions, Al-Jasser expressed hope to see further achievements in various sectors, especially in railway development, a topic extensively discussed with President Tebboune. He concluded his visit by wishing for the prosperity of Algeria and success for its leadership in fulfilling the ambitions of its citizens.
