Iraq Bulletin

Tag : financing

Business

IMF provides $24B in interest-free loans to low-income countries during pandemic

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The International Monetary Fund (IMF) has provided over $24 billion in interest-free loans to more than 50 low-income countries since the COVID-19 pandemic. The resource adequacy of the Poverty Reduction and Growth Trust (PRGT), Resilience and Sustainability Trust (RST), and Debt Relief Trusts, including the Catastrophe Containment and Relief Trust......
Business

IsDB board approves $403 million projects to promote sustainability and socio-economic growth

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The Islamic Development Bank (IsDB) Board of Executive Directors has approved three sustainable development projects worth approximately US$ 403 million. These projects will support socio-economic development and promote sustainability in key sectors such as energy, education, and transport in member countries. The 350th meeting of the IsDB Board was chaired......