The assistance bundle entails $500 million deposit into Sudan's central bank to strengthen the country's liquidity and monetary reserves
ABU DHABI, United Arab Emirates, April 22, 2019/ -- The UAE and Saudi Arabia have announced a joint initiative to support the brotherly people of Sudan. The initiative will see the delivery of US$3 billion in assistance to Sudan.
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.
Distributed by APO Group on behalf of United Arab Emirates Ministry of Foreign Affairs & International Coperation.
See more at: https://www.mofa.gov.ae/EN/MediaCenter/News/Pages/22-04-2019-UAE-Sudan.aspx#sthash.VBP2HGnu.dpuf
SOURCE
United Arab Emirates Ministry of Foreign Affairs & International Coperation