The Islamic Development Bank Group and Sudan - AACC · crisis –by meeting ... The Drought...
Transcript of The Islamic Development Bank Group and Sudan - AACC · crisis –by meeting ... The Drought...
h t t p : / / w w w. i s d b . o r g
6th Arab-Austrian Economic Forum:SUDAN AND EUROPE:
Prospects of Cooperation for Regional Peace and DevelopmentVienna, Austria
10 October 2012
The Islamic Development Bank Group and Sudan
Partners in Development
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
IDB Group at a Glance
Key Features
� MDB of the Islamic World� Solidarity-based� Shariah-compliance� Pioneer in Trade Finance� AAA-rated
37 Years in the Service of Development
� 1396-1432H /1975-2012G
1975
2012
1994
1999
ICD
2008
1981
IDB Group
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
Our Member Countries
Africa: 27
Asia: 26
Europe: 2
Latin America: 1
� A Unique Model of South-South Cooperation
� All Member Countries can benefit from IDB Financing
� Global MDB: Membership 56 Countries spreading over 4 continents
� Membership Increased: 22 countries in 1975 → 56 countries in 2010
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
Comprehensive Development Agenda
Nine Key Strategic Thrusts:
1. Reform IDB
2. Alleviate Poverty
3. Promote Health
4. Universalize Education
5. Empower Women
6. Prosper the People
7. Expand the Islamic
financial Industry
8. Facilitate Integration of
IDB Countries
9. Improve the image of the
Muslim World
Mission Statement
Promote comprehensive human development, with a focus on the priority
areas of alleviating poverty, improving health, promoting education, improving governance and prospering the people”
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
� Human Development
� Agriculture Development and Food Security
� Infrastructure Development
� Intra-trade Among Member Countries
� Private Sector Development
� Research and Development in Islamic Economics,
Banking and Finance
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
5 COUNTRY GATEWAY OFFICES
To be established in 1433/34H
Nigeria Bangladesh
Egypt
Turkey
Indonesia
Group Geographic / Field Presence
4 REGIONAL OFFICES
SenegalKazakhstan
Malaysia Morocco
Jeddah
HEADQUARTERS
Dubai Office
14 Field Representatives
� Afghanistan
� Azerbaijan
� Bangladesh
� Burkina Faso
� Guinea
� Indonesia
� Iran
� Mali
� Nigeria
� Pakistan
� Sudan
� Turkmenistan
� Uzbekistan
� Yemen
+
+
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
IDB’s Major Shareholders
Saudi Arabia; 23,61%
Libya; 9,47%
Iran; 8,28%
Nigeria; 7,69%Qatar; 7,21%
Egypt; 7,10%
Turkey; 6,48%
UAE; 5,81%
Kuwait; 5,48%
Others; 15,96%
Source: Treasury Department, February 2011
� Of IDB’s 56 member countries, 9 Members Countries make up
about 83% of the total shareholding of IDB
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
Cumulative Approvals by Sector
Agriculture; 10,9%
Education; 8,6%
Energy; 22,8%
Finance; 4,4%
Health; 5,0%
Industries &
Mining; 9,6%
Other; 1,6%
Transport; 24,9%
Urban Services;
12,2%
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
Development of the
Islamic Financial
Services Industry
Project Financing � Public (Sovereign)
� Private (Non-Sovereign) and
� Public-Private Partnerships (PPPs)
Trade Financing &
Promotion of Intra-Trade
between Member Countries
Capacity Development &
Technical CooperationInsurance of Investment
& Export Credit
Islamic Economics &
Finance Research and
Training
Fund / Asset
Management
Group Products and Services
Special Products� Science & Technology Program� Scholarship Programs� Special Assistance
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
Special Funds, Programs & Initiatives
Special Program
for the
Development of
Africa (SPDA)
• Aims to support investments in social &
infrastructure sectors in Sub-Saharan Africa
• Total Size: US$ 12 billion (US$ 4 billion from IDB
Group) over 5 years (2008-2012)
• Next: SPDA-2 – Follow-up program to SPDA
Jeddah
Declaration on
Food Security
• Supports Member Countries affected by the global food
crisis – by meeting both urgent, medium and long term
needs of mainly LDMCs
• Total IDB Group Size: US$ 1.5 billion over 5 years (2008-
2012)
Islamic Solidarity
Fund for
Development
(ISFD)
• Dedicated facility to fight poverty
• Target Endowment of US$ 10 billion
• Flagships: Integrated Community Driven Development
(ICDD), Vocational Literacy (VOLIP), Microfinance,
Future- Sustainable Villages, IDB Social Business
Youth
Employment in
Arab Countries
• High-level of Unemployment amongst Youth in Arab
Countries identified as one of the key causes for recent
political turmoil and unrest
• Total Size: US$ 250 million (2011-2012)• Areas: Micro-Finance, Vocational Training, Entrepreneurship
development, MSME Development, providing advisory services
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
Accomplishments
Group Cumulative Project Approvals: US$ 81.0 billion> Project Financing US$ 38.5 billion > Trade Financing US$ 41.2 billion > ICIEC Coverage US$ 15.3 billion > Special & Tech. Assistance US$ 1.1 billion
8.321,75
-
2.000,00
4.000,00
6.000,00
8.000,00
US
$ M
illi
on
Year
Yearly Approvals since Bank Inception( in US$ Million [Nominal] )
From Bank Inception to mid of 1433H
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
IDB’s Rating Affirmations
“Aaa” & ‘P-1’ Short-Term
“AAA” & ‘F1+’ Short-Term
“AAA” & ‘A-1+’ Short-Term
EU Zero Risk Weight
“Stable” Outlook
“Stable” Outlook
“Stable” Outlook
OVERVIEW OF THE IDB GROUPOVERVIEW OF THE IDB GROUP
Major Development PartnersCoordination Group
MDBs / Bilaterals / International Organizations
Arab Gulf Program for Development
IDB Group and Sudan
1975-2012
15
• Sudan is the a founding member of Islamic Development
Bank
• The largest beneficiary of IDB Group financing in Sub
Saharan Africa
• Current financing of 34 active operations
• Total financing of 108 operations
• Strategic partnership
Sudan - IDB Group Membership
16
Entity Membership Subscription ( in millions) %
Islamic Development Bank 12/8/1974 ID 83.21 0.5%
Islamic Corporation for Insurance of
Investments and Export Credits
(ICIEC)
10/7/1995 ID 0.25 0.2%
Islamic Corporation for the Devt. of
the Private Sector (ICD)2000 US$ 1.26 0.2%
International Islamic Trade Finance
Corporation (ITFC)1/1/2007 US$ 0.77 0.01%
Pledge Contribution
Islamic Solidarity Fund for
Development (ISFD)US$ 15.00 0.00
Cumulative IDB Group Operations in Sudan
by the end of 2011
17
Entity Amount (US$ m)
Islamic Development Bank 1101.1
Islamic Corporation for the Devt. of the Private Sector
(ICD) 42.8
International Islamic Trade Finance Corporation (ITFC) 371.1
Islamic Corporation for Insurance of Investments and
Export Credits (ICIEC) 1,112.8
Total2,627.8
IDB Operations in Sudan by Sector
19
Agriculture
32%
Education
7%Energy
10%
Finance
4%
Health
5%
Ind. & Minning
8%
Public Admin.
0%
Transportaton
19%
Water, Sant.
& Urban Sv.
15%
Some of IDB Operations in Sudan(in millions of dollars)
20
Projects Amount Status
Construction of the Upper Atbara and Setit Twin Dam 150 A
Heightening Roseires Dam 138 A
Algadarif Water Supply 80 A
The White Nile Sugar Project 63 A
Rehabilitation of New Halfa Agriculture Scheme 49 A
The Load Dispatching Center 28 C
The Drought Mitigation Project for Greater Darfur
States
24 C
Khartoum North Power Station Automation Project 23 C
Khartoum New Water Treatment Plant 21 C
Cotton Ginning Plants 20 A
Construction of 22 Basic Schools in Southern Sudan 11 C
Projects in the Pipeline for Sudan (in millions of dollars)
21
• Electric Transmission Line Project, Darfur (50.00)
• Water Harvesting for Agriculture Production Project Darfur (18.00)
• Water Ponds for Displace Population (10.00)
• Gadaref Water Distribution Network (80)
• Water Transfer to Port Sudan City (70)
Member Country Partnership Strategy for Sudan
MCPS and Results
Framework
Country National Development
Strategy
IDB Vision 1440H and Results Framework
Consultations
� Research Institute
Consultations� Government� Development Partners� Civil Society� Private Sector�Academia� Research Institute
Knowledge Repository inputs
� Diagnostic and Analytical Papers� Sector and Thematic Assessments� Sector Road Maps� Self and Independent Assessments
ConsultationSeeks Common Grounds
Diagnosis
Reverse Linkages