Almaty will become regional hub of Islamic Development Bank

"Recently, in the framework of the Astana Economic Forum, the Government concluded an agreement with the Islamic Development Bank to raise significant investments - up to USD 2 billion in our country. National Bank and Islamic Development Bank has held a number of meetings where we agreed that the city of Almaty will be a regional hub of the bank in Central Asia", said K.Kelimbetov during a briefing at the office of the Central Communications Service. Government of Kazakhstan has concluded an agreement with the IDB on special grant allocation for changing the legislation on tax and legal issues. "The Islamic Development Bank has also recommended training about fifty world-class experts on Islamic finance at the expenses of the Government and the National Bank", explained K.Kelimbetov.