UAE, Saudi Arabia to provide $3 billion assistance to Sudan

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UAE, Saudi Arabia to provide $3 billion assistance to Sudan

Abu Dhabi - The assistance bundle entails $500 million deposit into Sudan's central bank.

By Wam

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Published: Mon 22 Apr 2019, 5:03 PM

Last updated: Mon 22 Apr 2019, 8:04 PM

The UAE and Saudi Arabia have announced a joint initiative to support the brotherly people of Sudan. The initiative will see the delivery of $3 billion in assistance to Sudan.
Also read: Investigators seize over $100m from ousted President's home
The assistance bundle entails $500 million deposit into Sudan's central bank to strengthen the country's liquidity and monetary reserves.
The remaining amount will be dedicated to support the people of Sudan, across food, medicines, and fuel derivatives.


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