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3 billion 200 million UM contribution from the Islamic Development Bank to finance the project of R'Kiz Lake |
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A press release of Ministry of Economic Affairs and Development, reported the decision of the executive director of the Islamic Development Bank (IDB) during its meeting on October 27 in Jeddah, to approve its contribution to finance the development of irrigated areas of R'Kiz East Lake for a total of 4.8 million Islamic dinars, the equivalent of 3 billion 200 million UM. This, said the same release, the development of 2400 hectares and the realization of basic infrastructure.
The release notes that the approval of the Islamic Bank financing of this project comes to reaffirm the confidence enjoyed by our country from development partners including the choices made by the Mauritanian government at the end of the rectification movement of 6 August 2008.
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