Islamic development bank set to loan Algeria $3 billion over next 3 years

Islamic development bank set to loan Algeria $3 billion over next 3 years
Source: Britannia

The President of the Islamic Development Bank has announced that Algeria is expected to receive $3 billion in loans over the next three years to support key development projects, according to reporting by Reuters. Bank President, Al Jasser said the funding will be directed toward projects including railway development, as part of the president’s plan to connect the country’s economic zones.

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