The IDB President, Dr Ahmad Mohamed Ali, indicated that the IDB is providing US$ 1,780,000 to Bangladesh following the floods that have afflicted nearly half of the land area, displaced a large number of people and destroyed several academic facilities of the country. He stated that US$ 270,000 of the amount will be provided as an emergency grant for the purchase of relief items in coordination with the competent government authorities of Bangladesh and the rest as concessionary loan to help rehabilitate affected public utilities.

The President further stated that the IDB is providing a grant of US$ 50,000 for the purchase of relief items and medicines to help the victims of hostilities at the Nahrel Bared refugee camp in northern Lebanon in collaboration with the Arab Red Crescent and Red Cross Society based in Riyadh, the Lebanese Red Cross and the Palestinian Red Crescent for the purchase and distribution of relief items.

He added that the IDB had previously provided a grant of US$ 100,000 to the Union of Arab Doctors and the Egyptian Red Crescent Society based in Cairo to assist stranded Palestinians at the Rafeh border crossing following its closure by Israel. The IDB President commended the Egyptian Red Crescent and the Union of Arab Doctors for their efforts in putting an end to their plight. The IDB had sent a mission to the area to monitor the distribution of the relief items.