Social safety nets are vital mechanisms for preventing vulnerable segments of society from falling into poverty and to provide foundations for long-term sustainable development. Elements of safety nets include development of public infrastructure, such as roads and water resources, education and healthcare programmes, and microfinance initiatives aimed at supporting the development of small and microenterprises.

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IsDB Injects US $800 Million in Project Financing to Improve Lives and Drive SDGs in Member Countries

On the sidelines of the 2024 Islamic Development Bank (IsDB) Group’s Annual Meetings and the Bank’s 50th Anniversary Golden Jubilee, in Riyadh, Suriname’s Minister of Finance and Planning, H.E. Mr. Stanley Raghoebarsing met with IsDB President and Group Chairman, H.E. Dr. Muhammad Al Jasser, where the two sides launched the new Country Engagement Framework (CEF) for Suriname (2024-2026).