IDB provides US$ 536,000 grant (03/04/07)

 

The Islamic Development Bank has approved the allocation of US$ 536,000 as emergency assistance to purchase drugs and medical kits for hospitals in Mogadishu as well as foodstuffs for victims of the current hostilities in Somalia.

 
 
The Bank will dispatch in the next few days a special mission to Mogadishu to supervise the delivery of the medical kits and the purchase and distribution of the relief items.

The President, IDB has appealed to philanthropists as well as local, regional and international relief agencies and organizations to help the wounded and displaced persons before they are devoured by disease, starvation and dehydration and thus stave off a major humanitarian disaster.

The President, IDB met yesterday the Prime Minister of Somalia, Mr. Ali Mohamed Ghidi at the Jeddah Conference Palace. The latter requested the Bank to help finance the Mogadishu Port Rehabilitation Project given its importance as Somalia's link with the overseas.

It may be recalled that the Islamic Development Bank has so far approved financing estimated at US$ 67 million. It has comprised infrastructure development projects such as education, health, water supply, animal husbandry as well as grants and emergency aid worth over US$ 10 million designed to boost relief assistance as well as locust and drought control and to build and equip clinics, institutes and vocational training centres.

The IDB has also so far granted scholarships to -107- university students reading medicine, pharmacology, engineering, agriculture and computer science. 25 physicians and engineers have so far graduated among them.

Source: Relief Web

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