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The 46th annual meeting of the Board of Governors of the Islamic Development Bank is being held in Tashkent.

On September 2, the President of the Republic of Uzbekistan Shavkat Mirziyoyev visited the forum.

At the beginning of the event, verses from the Koran were recited.

The head of state greeted the participants and made a speech on the current state and prospects of partnership with the IDB.

“It is deeply symbolic that the annual meeting of the bank is being held in Tashkent. We consider this a recognition of the contribution of Uzbekistan to the development of the Islamic world, as well as the consistent reforms carried out in the country over the past five years,” the President said.

The Islamic Development Bank Group was established in 1973. The headquarters is located in the city of Jeddah, Saudi Arabia. Today, 57 states are members of the group, its authorized capital is $ 150 billion.

Uzbekistan became a member of the Islamic Development Bank in 2003. To date, 30 large investment projects have been approved for a total of more than $ 2.5 billion, which cover the construction of schools, affordable housing, roads, electricity and water supply networks, and healthcare facilities.