JEDDAH: Members of the Board of Governors of the Islamic Development Bank (IDB) signed at the end of their 36th meeting Thursday a number of financing agreements for new projects in 21 countries worth $852.7 million. The IDB will contribute in financing the new development projects. The agreements were signed with the following countries: Burkina Faso with $18.5 million for an integrated rural development project in the Central Plateau Region; Comoro Islands for technical aid worth $600,000 to boost flexibility in the state budget and another technical aid worth $483,000 to support the health sector; Guinea to provide a $9 million loan and technical aid worth $285,000 for prevention and combating of malaria within the 2011 budget and $17.5 million loan for rehabilitation of the electrical power generating plant; Niger for a loan and technical assistance worth $9.2 million to support the program for eradication of vocational illiteracy and to combat poverty; Azerbaijan with financing reaching $64.8 million to contribute in the food security program and another agreement worth $9.5 million within the Jeddah Declaration for the same project, and technical assistance worth $300,000 for conducting a feasibility study in the project for the development and reconstruction of Ogar Zardab Akjabadi installation; and Kyrghizia to provide a $20.4 million loan for a project to improve electricity supply in the cities of Bishkek and Awsh. Other countries with which IDB has signed financing agreements include Turkmenistan ($121.293 million), Uzbekistan (MoU), Lebanon ($5 million), Mauritania ($12 million), Syria ($68 million), Yemen ($35.8 million), Pakistan ($220 million), Mali ($71.3 million), Togo ($1.9 million), Gambia ($22.7 million), Mozambique ($10.312 million), Sierra Leone ($14.5 million), Uganda ($12million), the UAE (MoU), and Indonesia ($97 million).
