During the conversation with the head of the financial institution, the parties discussed prospects for mutually beneficial cooperation aimed at stimulating the country's economic growth. The President emphasized that the Islamic Development Bank is a reliable partner in Kazakhstan's pursuit of sustainable development.
Over the years of cooperation with the bank, more than 70 joint projects with a total investment of about $2 billion have been implemented.
The Head of State welcomed the update of the Strategic Framework Agreement with the IsDB, which provides for additional terms of financial support for a number of significant infrastructure and industrial projects.
In turn, Muhammad Sulaiman Al Jasser positively assessed the results of the joint projects and confirmed the bank's readiness to continue participating in the diversification of Kazakhstan's economy.