Saudi Arabia, UAE announce $3bn support to Sudan
ABU DHABI, April 22, 2019
The UAE and Saudi Arabia have announced a joint initiative to support the people of Sudan. The initiative will see the delivery of $3 billion in assistance to the country.
The assistance bundle entails $500 million deposit into Sudan's central bank to strengthen the country's liquidity and monetary reserves, said a Wam news agency report.
The remaining amount will be dedicated to support the people of Sudan, across food, medicines, and fuel derivatives, it said.