Morocco’s Economy and Finance Minister Mohamed Boussaid was selected Chairman of the Board of Governors of the Jeddah-based Islamic Development Bank Group (IDB) for a year. The tenure will end at the end of the 44th Council meeting, scheduled to take place in Marrakech in April 2019, said a statement from the Finance Ministry. Boussaid was appointed to the position during the 43rd meeting of the IDB Board of Governors, held this April 3-5 in Tunis. The Moroccan official also underscored the importance of IDB initiatives in promoting Arab-African cooperation and strategic partnership. Boussaid who led the Moroccan delegation to the meeting held side talks with several Finance Ministers of Arab, Islamic and African countries.

Source: The North Africa Journal April 06, 2018 16:30 UTC