{"id":246,"date":"2025-01-17T10:34:24","date_gmt":"2025-01-17T10:34:24","guid":{"rendered":"https:\/\/radionigerianortheast.gov.ng\/?p=246"},"modified":"2025-01-17T10:34:28","modified_gmt":"2025-01-17T10:34:28","slug":"fg-advocates-bold-reforms-and-innovative-financing-at-isdb-retreat","status":"publish","type":"post","link":"https:\/\/radionigerianortheast.gov.ng\/?p=246","title":{"rendered":"FG Advocates Bold Reforms and Innovative Financing at IsDB Retreat"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">By Murtala Muhammad<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has called for bold reforms and smarter investments at the Islamic Development Bank Governors&#8217; Retreat in Al-Madinah, Saudi Arabia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The retreat brought together stakeholders to deliberate on the bank&#8217;s next 10-year strategy for enhanced developmental impact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In his address, Minister of Finance, Mr Wale Edun emphasised the need for Islamic Development Bank (IsDB) to adapt its development financing approach to the evolving economic landscape.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mr Edun proposed transformative, high-impact projects in sectors such as infrastructure, agriculture, rail, and energy to maximise returns and ensure sustainable financing.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"249\" src=\"https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069491-1024x768.jpg\" alt=\"\" class=\"wp-image-249\" srcset=\"https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069491-1024x768.jpg 1024w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069491-300x225.jpg 300w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069491-768x576.jpg 768w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069491-1536x1152.jpg 1536w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069491.jpg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"248\" src=\"https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069487-1024x768.jpg\" alt=\"\" class=\"wp-image-248\" srcset=\"https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069487-1024x768.jpg 1024w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069487-300x225.jpg 300w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069487-768x576.jpg 768w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069487-1536x1152.jpg 1536w, https:\/\/radionigerianortheast.gov.ng\/wp-content\/uploads\/2025\/01\/1000069487.jpg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">He also underscored the urgency of innovative funding solutions tailored to national priorities and debt dynamics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Minister advocated for a concessional financing strategy that achieves development objectives while minimising debt accumulation for member countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Speaking, Algeria&#8217;s Finance Minister and Chairman of the IsDB Board of Governors, Laaziz Faid, and Saudi Arabia&#8217;s Finance Minister, Mohammed Al-Jadaan, called for collective commitment to address global development challenges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A statement by the Ministry&#8217;s Director, Information and Public Relations, Mohammed Manga says the upcoming strategy aims to address pressing development challenges amidst a rapidly changing global landscape, focusing on impactful and sustainable solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Murtala Muhammad The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has called for bold reforms and smarter investments at the Islamic Development Bank Governors&#8217; Retreat in Al-Madinah, Saudi Arabia. The retreat brought together stakeholders to deliberate on the bank&#8217;s next 10-year strategy for enhanced developmental impact. In his address, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":247,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[11,27,17],"tags":[],"class_list":["post-246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bauchi","category-finance","category-headline"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FG Advocates Bold Reforms and Innovative Financing at IsDB Retreat - Radio Nigeria North East Zone<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/radionigerianortheast.gov.ng\/?p=246\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG Advocates Bold Reforms and Innovative Financing at IsDB Retreat - Radio Nigeria North East Zone\" \/>\n<meta property=\"og:description\" content=\"By Murtala Muhammad The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has called for bold reforms and smarter investments at the Islamic Development Bank Governors&#8217; Retreat in Al-Madinah, Saudi Arabia. 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