TEHRAN – Iran has been elected to be the first deputy chair of the Islamic Development Bank (IDB)’s next governors board meeting due to be held in Saudi Arabia in 2020.

The decision was made during IDB’s 44th annual gathering which was held in Morocco during April 5-6, IRIB reported.

As reported, the 44th gathering was attended by senior officials, executives and ministers from the member states, along with presidents and representatives of international financial and economic organizations.

An Iranian delegation from the Ministry of Economic Affairs and Finance also attended the event.

The Islamic Development Bank group comprises 57 countries, including Saudi Arabia, Libya, Iran, Nigeria, United Arab Emirates, Qatar, Egypt, Kuwait, Pakistan, Indonesia, Malaysia, Brunei and Kazakhstan.

EF/MA