IslamicFinance.de

Minister of Economic and Finance Ali Tayebnia called for cooperation of the Islamic Solidarity Fund to remove poverty and unemployment in OIC member states. He made the remarks in the 30th session of the OIC Standing Committee on Economic and Commercial Cooperation General Assembly held in Istanbul, Turkey on November 27. Tayebnia said that OIC member states are facing structural labor market challenges such as low rate of women economic participation, high rate of unemployment among young adults, low rate of efficiency and ability to compete and in this concern an initiative job creation could be as a solution.