Economy Minister Ali Tayyebnia, heading a high-level delegation, including deputy economy ministers Mohammad Khazaie, Mohammad Parizi and Ali Asghar Yousefnejad, is in the Republic of Mozambique to take part in the meetings of the boards of governors and general assemblies of the Islamic Development Bank Group. The minister is due to hold meetings with president of IDB, Ahmad Mohamed Ali Al Madani, and foreign ministers of other member countries, Mehr News Agnecy reported. Iran is considered one of the biggest shareholders of the bank which was founded in 1973 by foreign ministers of Muslim states to finance their development projects. Today is the last day of the event.