• Short Summary

    The board of Governors of the Islamic Development Bank on Thursday (16 March), have approved the Bank's second annual report listing disbursements totalling more than 183 million US dollars for 31 projects in member countries.

  • Description

    The board of Governors of the Islamic Development Bank on Thursday (16 March), have approved the Bank's second annual report listing disbursements totalling more than 183 million US dollars for 31 projects in member countries.

    SYNOPSIS: The Board of Governors are meeting in Kuala Lumpur to review the IDB's three year activities and discuss its future direction.

    More than 200 delegates and ministers from 32 Islamic countries are attending the conference along with observers from other international agencies.

    The delegates have been considering a wide range of investment projects covering agriculture, education, foreign trade financing, and technical assistance.

    Other items on the agenda include the establishment of a special fund to help Moslem minority groups in nob-member countries and a proposal to set up a regional IDB office in Kuala Lumpur to serve the needs of Asian member countries.

    The meeting also elected Uganda Finance Minister Moses Ali to be the next Chairman of the Board of Governors for 1978-79.

    Overshadowing the gathering is Israeli invasion of Lebanon. Scheduled business was put aside on Thursday (16 March) when delegates observed a minute of silence for victims killed in the two day incursion.

    Meeting sources said the Bank may hold a special session to discuss protest measures once formal business ends on Friday (17 March).

  • Tags

  • Data

    Film ID:
    VLVAE7Z5KV048F0TWHAP1XPGJ7NN2
    Media URN:
    VLVAE7Z5KV048F0TWHAP1XPGJ7NN2
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    17/03/1978
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:01:00
    Time in/Out:
    /
    Canister:
    N/A

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