examen des préparatifs des Assemblées annuelles de la BID prévues en mai à Alger
Meeting Between Algerian Finance Minister and President of the Islamic Development Bank
On Sunday, the Algerian Finance Minister, Abdelkrim Bouzred, met with Muhammed Sulaimane El-Jasser, President of the Islamic Development Bank (IDB) Group, in Algiers. This meeting was significant as it marked El-Jasser’s first official visit to Algeria since he assumed leadership of the IDB in May 2021. The primary focus of their discussions revolved around the preparations for the upcoming Annual Meetings of the IDB Group, scheduled to take place in Algiers from May 19 to May 22, 2024.
Status of Cooperation
The two leaders utilized the meeting to assess the current state of cooperation between Algeria and the IDB. They discussed potential strategies to enhance and strengthen this strategic partnership in the years to come. This annual gathering is anticipated to be a major international event, attracting key economic decision-makers from the Arab-Muslim world, regional and multilateral development institutions, as well as experts from the business community. The agenda will center around vital developmental discussions relevant to the region’s future.
Importance of the Event
Minister Bouzred emphasized the strategic importance of hosting this event for Algeria, seeing it as a vital opportunity to enhance the country’s standing in the international economic arena. He highlighted the chance to showcase the reform efforts undertaken within Algeria and to promote the country’s strengths in the domains of cooperation, investment, and sustainable development.
He assured that the Algerian authorities are fully committed to ensuring the success of the annual meetings, involving a multisectoral mobilization, rigorous coordination, and the establishment of a logistical framework that meets the event’s significance. Furthermore, Bouzred expressed a desire for this edition to facilitate constructive dialogue among member countries and serve as a platform to present Algerian hospitality and the quality of its infrastructure.
IDB’s Commitment
In response, El-Jasser conveyed his deep appreciation to the Algerian authorities for their commitment to hosting such a significant event. He reaffirmed the IDB Group’s readiness to support Algeria in its development endeavors aimed at achieving sustainable and inclusive growth. The discussions also touched on the robust cooperative relationship between Algeria and the IDB, which is based on technical support and capacity-building programs in priority areas that align with Algeria’s national development strategy.
Strengthening Cooperation
During the meeting, both parties congratulated each other on the excellence of their cooperative relations developed over the years. They explored avenues to further reinforce this collaboration, particularly by directing IDB’s interventions toward critical ongoing infrastructure projects. Key topics included improving territorial connectivity, promoting inclusive national development, and enhancing commercial exchanges both regionally and internationally.
Conclusion
The dialogue represented a significant step toward solidifying the partnership between Algeria and the IDB, paving the way for improved development strategies tailored to the region’s needs. As preparations continue for the Annual Meetings, the focus remains on ensuring that this gathering not only showcases Algeria but also catalyzes meaningful discourse on regional development challenges.
Overall, this encounter between Minister Bouzred and President El-Jasser underscores a mutual commitment to fostering a cooperative framework that can lead to effective and sustainable development outcomes for Algeria and the broader Arab-Muslim community.
