Kasym-Jomart Tokayev received Muhammad Suleiman Al-Jasser, President of the Islamic Development Bank

September 5, 2024
In the conversation with the head of the financial institution, the prospects of mutually beneficial cooperation were discussed in order to stimulate the country's economic growth.

The President emphasized that the Islamic Development Bank acts as a reliable partner in Kazakhstan's quest for sustainable development.

Over the years of cooperation with the Bank, more than 70 joint projects with a total investment of about $2 billion have been implemented.

The head of state welcomed the actualization of the Strategic Framework Agreement with the IDB, which provides additional terms of financial support for the implementation of a number of significant infrastructure and industrial projects.

In turn, Muhammad Suleiman Al-Jasser positively assessed the results of the implementation of joint projects, confirming the readiness for further participation in the diversification of Kazakhstan's economy.