Monday, April 22, 2019

Saudi, UAE 3 bn financial aid for Sudan

Saudi Arabia and the UAE today announced financial support of three billion dollars for the people of Sudan following the overthrow of longtime leader Omar al-Bashir. 
The Emirates News Agency said that the assistance bundle entails 500 million USD 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.

Earlier, UAE had urged the Sudan's transitional military council to protect people and property, wishing these steps would ensure security and stability for the country.

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