IsDB Chairman and Chadian Finance Minister Discuss Development Initiatives

Bangkok:Chairman of the Islamic Development Bank (IsDB) Group, Muhammad Al Jasser, engaged in discussions with Chad's Minister of State for Finance, Budget, Economy, Planning, and International Cooperation, Tahir Hamid Nguilin, who is also the IsDB Governor for Chad. These talks occurred during the 2026 Annual Meetings of the World Bank Group and the International Monetary Fund.

According to Saudi Press Agency, the meeting concentrated on enhancing cooperation to support Chad's development priorities. The discussions were framed around the "Chad Connection 2030" vision and the newly completed "Country Engagement Framework," which serves as a strategic platform for partnership between IsDB and Chad. The framework aims to bolster infrastructure, foster economic transformation, and improve social resilience.

The talks included identifying opportunities to activate the cooperation framework and initiate development projects in sectors such as transport, water, agriculture, energy, education, and human development, all contributing to Chad's development objectives.

The meeting also addressed the need to strengthen project preparation and development, expand the use of concessional and blended finance, and promote private sector involvement in development projects. Additionally, Islamic finance and capital market solutions were explored to diversify Chad's sources of development funding.

Al Jasser reiterated IsDB's commitment to closely collaborating with Chad to achieve the goals of the Chad Connection 2030 vision. He emphasized the significance of converting the new partnership framework into development projects that offer tangible benefits to the Chadian population.