The Board of Executive Directors of the Islamic Development Bank Group began here today its 280th session under the chairmanship of the IDB Group's President DR. Ahmed Mohammad Ali. The agenda of the session includes discussions on technical and administrative reports, the adoption of new funding to contribute to the development projects in some Member States, and approval of grants and subsidies for a number of Muslim communities in non-Member States to contribute to the financing of developmental projects in the sectors of education, health and vocational training. The Board will also consider a proposed plan and strategy of the Bank to provide more financial resources during the current fiscal year of 1433 AH and a report on the growth of the Bank's operations and needs of financial resources during the next ten years 1433-1442 AH as well as a progress report on the implementation of "the Islamic Development Bank's scheme to support youth employment in Arab countries." The Board will review the topics that will be included in the agenda of the 37th annual meeting of the Board of Governors of the Islamic Development Bank, scheduled to take place in Khartoum, the Republic of Sudan during the period from 11-12/5/1433 AH, at the level of Ministers of Finance and Economy and Planning of the 56 member countries of the IDB Group.
