The Islamic Development Bank (IsDB) is seeking to do business here.
Yesterday, GINA said that President David Granger met with the bank’s senior economist, Dr. Salman Syed Ali and its Division Manager of Advisory Services, Yahya Aleem ur Rehman. The officials were accompanied by members of the Central Islamic Organisation (CIOG) Shaykh Moen-ul-Hack, Dr. Carl Niamatali, Kads Khan and Fazil Hack. The meeting was held at the Ministry of the Presidency.
During the meeting, the release said that the President was updated on the bank’s activities in the region and discussions were held on Guyana’s potential for financing.
In a brief comment to GINA, the bank’s Division Manager said, “it was a good discussion. The President was very supportive of the idea. He mentioned that Guyana [has] …identified the priorities of the Government in terms of the infrastructure and the energy sector.”
The IsDB is an international financial institution established in 1973 in pursuance of the Declaration of Intent, issued by the Conference of Finance Ministers of Muslim Countries held in Jeddah in the Kingdom of Saudi Arabia.