Home | News    Wednesday 9 October 2019

Sudan received half of Saudi-UAE grant: minister

separation
increase
decrease
separation
separation

Ibrahim al-Badawi speaks at a press conference held after the swearing in of the transitional cabinet on 8 Sept 2019 (SUNA photo)

October 8, 2019 (KHARTOUM) - Sudan has received half of the $ 3 billion in aid pledged by Saudi Arabia and the United Arab Emirates in April, said Finance Minister Ibrahim al-Badawi on Tuesday.

Shortly after the ouster of the former President, the two oil-rich Gulf states vowed to deposit $500 million into the Sudanese central bank and the remaining $2.5 billion will be used to provide food, medicine and petroleum products.

Speaking to Reuters from Abu Dhabi on Monday night, al-Badawi said that Saudi Arabia and the United Arab Emirates injected $ 500 million in the Central Bank of Sudan, and "received $ 1 billion worth of petroleum products, wheat and products used by the agricultural sector".

The Sudanese minister was in Abu Dhabi with the Prime Minister Abdallah Hamdok and the head of Sovereign Council Abdal Fattah al-Burhan who held meetings with UAE officials.

He further said that his country will continue to receive the remaining half of the joint grant until the end of the next year.

“I met with the ambassadors of the kingdom and of the UAE, and we agreed on a programmed schedule that will, God willing, take us to the end of 2020, to finish off the rest of the grant,” al-Badawi said.

Despite the political change in the country, the economic situation remains the same as the long queues for bread and fuel have become part of daily life.

The Friends of Sudan will hold a meeting soon to discuss ways to support Hamdok’s government which faces huge economic problems.

In a statement to Sudan Tribune last week, Tibor Nagy said the meeting will be held on the sidelines of the World Bank annual meeting between from 14 to 20 October.

"We will get together and will discuss who can do what to help Sudan succeed," Nagy said.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.



Sudan Tribune

Promote your Page too

Latest Comments & Analysis


What if Dr. John Garang were alive today? 2019-12-05 08:21:57 By Nhial T. Tutlam Let’s imagine that on the fateful day of July 30, 2005 the helicopter carrying Dr. John Garang from Uganda back to his base in Southern Sudan arrived safely. Let’s further (...)

The cries of South Sudanese women in Australia 2019-12-04 07:13:57 Biong Deng Biong Amidst Melbourne’s African youth crime saga and its associated political chaos, a quiet cohort watch events unfold, weary and grim-faced. They are the struggling mothers of the (...)

South Sudan’s Security Arrangements: flawed rhetoric vs real practice 2019-12-02 06:41:06 By Steve Paterno Some compatriot South Sudanese wrote on his Facebook status, jokingly by urging people to flock to cantonment sites in big number to fulfil the required 83,0000, a threshold the (...)


MORE






Latest Press Releases


S. Korea supports UN communities building resilience project in Sudan’s Blue Nile 2019-09-09 09:26:41 UNDP Sudan September 5, 2019 (KHARTOUM) - An agreement was signed on 5th of September between the Korean Ambassador, His Excellency. Lee Ki-Seong and Dr. Selva Ramachandran, Resident (...)

Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)


MORE

Copyright © 2003-2019 SudanTribune - All rights reserved.