Antalya, Turkey
The President of Islamic Development Bank (IDB), Dr Ahmad Mohamed Ali has commended the effort of Turkey to boost the development of the private sector, by initiating the World SMEs forum during the B20 Summit.
Dr Ahmad Ali, who participated in the B20 Summit upon an invitation from the B20 President, therefore expressed his appreciation to the President of Turkey, Mr Recep Teyeb Erdoğan and the leaders of the G20 Summit for their focus on key global challenges like poverty alleviation, job creation and the development of Small and Medium Enterprises (SMEs).
The agenda of the B20 Summit this year focuses on the current state of the global economy, sustainable growth, development and climate change, investment, trade and energy. Other issues include global terrorism and the widening refugee crisis around the world.
"The energetic chairmanship of Turkey of the G20 during the year 2015 provides an excellent opportunity for all developing countries to place their development challenges in the forefront of the G20 agenda, and to reinforce dialogue, cooperation and integration among them for greater progress and more inclusive prosperity." said Dr Ahmad Ali
He noted that the priorities initiated by Turkey for its G20 presidency, namely, the three I's: Inclusiveness, Investment and Implementation are important for developing countries.
The IDB President then saluted the proactive role of Turkey in addressing financial inclusiveness and establishing the World SMEs forum as part of the G20 strategy, and for providing IDB Group and the World Bank Group the opportunity to contribute to the G20 priority agenda for 2015, via a joint flagship report on Islamic SMEs Finance.
Dr Ahmad Ali further acknowledged the role of IDB Member Countries - Indonesia, Saudi Arabia and Turkey - for their contribution to the G20 initiatives.
"The initiatives introduced by Turkey under its G20 Presidency, are extremely important for the developing countries, more specifically the OIC Member Countries. I am confident that Turkey, together with its OIC peer-members, Indonesia and Saudi Arabia, will pursue these initiatives especially the role of Islamic finance, in ensuring more robust and inclusive growth." Dr Ali concluded.
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© Press Release 2015
