IsDB Group Reaffirms Commitment to Pakistan’s Development Goals

Bangkok:Chairman of the Islamic Development Bank (IsDB) Group, Dr. Muhammad Al Jasser, has emphasized the group's ongoing commitment to supporting Pakistan's economic growth and development objectives. This affirmation was made during a meeting with Ahad Khan Cheema, Pakistan's Federal Minister for Economic Affairs and the IsDB Governor for Pakistan, held alongside the 2026 World Bank Group and International Monetary Fund Annual Meetings in Bangkok, Thailand.

According to Saudi Press Agency, both parties underlined their dedication to enhancing cooperation and translating strategic priorities into tangible development initiatives. They also reaffirmed the robust partnership between the IsDB Group and Pakistan, a founding member of the bank since 1974.

The discussions focused on advancing the Member Country Partnership Strategy (MCPS) for 2026-2030. Emphasis was placed on effectively implementing the strategy to support Pakistan's sustainable economic growth through high-impact initiatives. The IsDB Group has provided approximately $17 billion in total financing to Pakistan, which includes 381 completed projects valued at $12.8 billion and 38 ongoing projects worth $4.2 billion.

Dr. Al Jasser reiterated the IsDB Group's dedication to furthering its partnership with Pakistan. The group aims to support the country's development priorities, ensuring sustainable and inclusive development outcomes through continued cooperation under the MCPS 2026-2030.

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