1997 News Story

IDB reports on sacrificial meat utilization program

On the occasion of the annual reception held by the Islamic Development Bank (IDB) in honor of pilgrims who are guests of the Ministry of Information, President of the Bank Dr. Ahmed Muhammad Ali yesterday stated that a total of half a million head of sheep and fifteen thousand camels and cattle will be slaughtered as part of IDB’s sacrificial meat utilization program during this year’s Hajj.   The IDB has extended loans worth U.S. $ 20 billion to member states over the past 22 years for the implementation of development projects and to finance commercial deals.