Implementation gap biggest obstacle to development, says IsDB chairman

JEDDAH: The biggest obstacle facing many Islamic Development Bank member countries is not access to capital but weak implementation capacity that prevents development plans from becoming bankable projects, IsDB Group Chairman Mohammed Al-Jasser said. Speaking to Arab News after securing a new five-year mandate, Al-Jasser said governments across the lender’s 57 member states often have clear development priorities but struggle to translate them into deliverable outcomes.

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