Jeddah President of the Islamic Development Bank Group and
Chairman of the Meetings of Presidents of Multilateral International
Development Banks, Dr. Bandar Hajjar emphasized that the multilateral
development banks have followed with great interest the work of the G20 Summit
headed by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al
Saud which discussed ways to move forward in coordinating global efforts to
combat the economic effects of the Corona pandemic, and to reduce its
humanitarian and economic impacts.
He pointed out that the closing statement of the summit dealt with the main risks and threats facing the world that arose as a result of the emergence of the Corona pandemic, which directly affected the global economy.
He highlighted efforts in this regard and stated that the international multilateral development banks have moved rapidly since the outbreak of the epidemic, and held two virtual meetings of the heads of these banks to coordinate their response to the challenges arising from the spread of the epidemic on March 13 and 25, 2020.
Source: Saudi Press Agency