IDB

Release date- 04092019 - SANCTIONS INCLUDE DEBARMENT AND CONTRIBUTIONS OF US$50 MILLION TO GO TO NGOS AND CHARITIES SERVING VULNERABLE COMMUNITIES IN IDB MEMBER COUNTRIES.

The IDB said that the bootcamps are intensive training programs in digital technologies, with an approximate duration of three to six months, 'which are being offered by innovative start-ups in the educational field, either for the updating and retraining of workers, or as an alternative or complement for young people who they look for technical and university courses.

The IDB expressed the interest in a meeting between its six-member delegation, headed by its President Dr Bandar MH Hajjar, and Water and Power Development Authority (Wapda) Chairman Lieutenant General (Retired) Muzammil Hussain on Friday.

Speaking on the occasion, WAPDA Chairman appreciated IDB for providing financial assistance to complete various WAPDA projects in hydropower sectors.

'IDB and WAPDA has longstanding relationship of mutual cooperation, and I am confident this cooperation will further strengthen for upcoming WAPDA projects', he added.

Earlier, the IDB president expressed interest in the Innovation Parks planned to be developed in Punjab in a bid to help the technology sector grow rapidly.

President IDB appreciated Pakistan government for pursuing people-centric growth policies.

LatinFinance has named IDB Invest as the leading multilateral development institution this year, the company said.

IDB Invest is the private sector institution of the Inter-American Development Bank (IDB) Group.

"The IDB, in partnership with the World Bank, will work to unlock the potential of the $1.9 trillion Islamic finance market to mobilize resources for infrastructure development projects using public-private partnership (PPP)," Muhtar told the forum.

Summary: The listing supports the economic development and social advancement goals of IDB