The Islamic Development Bank Group and the Asian Development Bank have activated joint financing within the Framework Financing Agreement (FCA).
The IDB reports that Ms. Lakshmi Venkatachalam, ADB Vice-President for Private Sector & Co-financing Operations, and Mr. Birama Sidibe, IDB Group Vice-President for Operations put their signatures to the US$ 6 billion partnership agreement which envisages a US$ 2.5 billion commitment by IDB and US$ 3.5 billion of undertakings by ADB...............................................Full Article: Source
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