The Islamic Development Bank seeks to use funds from Qatar’s state assets and other external sources to ramp up financing for agriculture in developing countries. IsDB vice president Abdul Aziz al-Hinai said talks between the bank and Qatar government were under way to facilitate the financing scheme, the Gulf Times reports. Qatar has an 8.1 percent stake in IsDB.
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About the author
Tarra Quismundo
Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.
