IsDB and ITFC sign agency agreement to support COVID-19 Restore Program

IsDB and ITFC sign agency agreement to support COVID-19 Restore Program

The Islamic Development Bank and the International Islamic Trade Finance Corporation have signed an agency agreement to facilitate the implementation of COVID-19 Restore Program. 

 

The program will be implemented through provision of trade finance and line of finance operations in member countries.

 

The agreement also aims to further boosts ongoing efforts to mitigate the adverse impact of the pandemic and put economies on a faster recovery path.

 

Further details are available here.

 

 

Photo Credit: Pixabay

 

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