Bangkok:Minister of Economic Affairs and Finance Ali Madanizadeh has emphasized the need to expedite the resolution of projects supported by the Islamic Development Bank (IsDB), by removing administrative obstacles and fully utilizing the bank's financing capacities to complete priority initiatives in the country.

According to Islamic Republic News Agency, Madanizadeh discussed the implementation of these projects during a meeting with Muhammad Sulaiman Al Jasser, President of the IsDB. The meeting took place on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok. They explored ways to enhance financial and developmental cooperation.

Key topics included the follow-up on approved projects and the elimination of barriers to their implementation, particularly in sectors such as environmental management, urban wastewater systems, and educational infrastructure development. The agenda also covered extending the validity and re-approval of certain priority projects that had previously completed their evaluation stages.

Both parties agreed on the importance of utilizing remaining allocated credits to complete ongoing projects. Additionally, the meeting addressed the need for improved banking coordination, resolving payment issues related to installments, and facilitating the repayment of financial obligations.

The discussions highlighted the significance of continuing technical consultations, overcoming existing challenges, and focusing on the completion of unfinished projects to effectively leverage cooperative opportunities with the IsDB.