{"id":41685,"date":"2024-05-01T14:42:23","date_gmt":"2024-05-01T11:42:23","guid":{"rendered":"https:\/\/f-chain.com\/?p=6698"},"modified":"2024-05-01T14:42:23","modified_gmt":"2024-05-01T11:42:23","slug":"turkey-secures-6bn-from-islamic-development-bank-az","status":"publish","type":"post","link":"https:\/\/az.f-chain.com\/az\/turkey-secures-6bn-from-islamic-development-bank-az\/","title":{"rendered":"Turkey secures $6bn from Islamic Development Bank"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<strong>FCHAIN Turkey Office informs: Turkey&#8217;s Treasury and Finance Minister Mehmet Simsek and IsDB President Muhammad Al Jasser met at the IsDB annual general meeting in Riyadh.<\/strong><\/p>\n<p>Turkey has secured $6.3 billion in funding over the next two years from the Islamic Development Bank (IsDB)\u00a0Group to support its economic development.<\/p>\n<p>The facility will support sectors such as education, health, transport, finance, agriculture, industry, energy and infrastructure, state-run Anadolu<em>\u00a0<\/em>Agency said, quoting Turkey\u2019s Treasury and Finance Minister Mehmet Simsek<strong>.<\/strong>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/2&#8243;][vc_column_text]The total amount consists of $2 billion from IsDB, $900 million from the International Islamic Trade Finance Corporation, $300 million from the Islamic Corporation for the Development of the Private Sector, and $3.1 billion from the Islamic Corporation for the Insurance of Investment and Export Credit, the Jeddah-based multilateral lender\u00a0said in a statement.<\/p>\n<p>The new funding, as part of the country engagement framework,\u00a0will undergo a thorough review process in a collaboration between IsDB and Turkey.<\/p>\n<p>Turkey is a founding member of the IsDB, which hosts a regional centre with two offices in Ankara and Istanbul.<\/p>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;6701&#8243; img_size=&#8221;large&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]In the past five decades, the bank has provided the country\u00a0with\u00a0nearly $13 billion in financing for more than 545 development projects.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]FCHAIN Turkey Office informs: Turkey&#8217;s Treasury and Finance Minister Mehmet Simsek and IsDB President Muhammad Al Jasser met at the IsDB annual general meeting in Riyadh. Turkey has secured $6.3 billion in funding over the next two years from the Islamic Development Bank (IsDB)\u00a0Group to support its economic development. The facility will support sectors such<\/p>\n","protected":false},"author":1,"featured_media":47892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,21,22],"tags":[],"class_list":["post-41685","post","type-post","status-publish","format-standard","hentry","category-feautured-post-ru","category-news-ribbon-ru","category-press-releases-ru"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Turkey secures $6bn from Islamic Development Bank - FChain<\/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:\/\/az.f-chain.com\/\" \/>\n<meta property=\"og:locale\" content=\"az_AZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turkey secures $6bn from Islamic Development Bank - FChain\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text]FCHAIN Turkey Office informs: Turkey&#8217;s Treasury and Finance Minister Mehmet Simsek and IsDB President Muhammad Al Jasser met at the IsDB annual general meeting in Riyadh. Turkey has secured $6.3 billion in funding over the next two years from the Islamic Development Bank (IsDB)\u00a0Group to support its economic development. The facility will support sectors such\" \/>\n<meta property=\"og:url\" content=\"https:\/\/az.f-chain.com\/\" \/>\n<meta property=\"og:site_name\" content=\"FChain\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-01T11:42:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/az.f-chain.com\/wp-content\/uploads\/2024\/05\/fchain-756x400-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"756\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"sdenisenko\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\"},\"author\":{\"name\":\"sdenisenko\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\"},\"headline\":\"Turkey secures $6bn from Islamic Development Bank\",\"datePublished\":\"2024-05-01T11:42:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\"},\"wordCount\":255,\"image\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/fchain-756x400-1-1.jpg\",\"articleSection\":[\"Feautured post\",\"News ribbon\",\"Press releases\"],\"inLanguage\":\"az\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"name\":\"Turkey secures $6bn from Islamic Development Bank - FChain\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/fchain-756x400-1-1.jpg\",\"datePublished\":\"2024-05-01T11:42:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#breadcrumb\"},\"inLanguage\":\"az\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/az.f-chain.com\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"az\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/fchain-756x400-1-1.jpg\",\"contentUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/fchain-756x400-1-1.jpg\",\"width\":756,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/az.f-chain.com\\\/az\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Turkey secures $6bn from Islamic Development Bank\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#website\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"name\":\"FChain\",\"description\":\"Azerbaijan\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/az.f-chain.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"az\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\",\"name\":\"sdenisenko\",\"sameAs\":[\"https:\\\/\\\/newaz.f-chain.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Turkey secures $6bn from Islamic Development Bank - FChain","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/az.f-chain.com\/","og_locale":"az_AZ","og_type":"article","og_title":"Turkey secures $6bn from Islamic Development Bank - FChain","og_description":"[vc_row][vc_column][vc_column_text]FCHAIN Turkey Office informs: Turkey&#8217;s Treasury and Finance Minister Mehmet Simsek and IsDB President Muhammad Al Jasser met at the IsDB annual general meeting in Riyadh. 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