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.
Riyadh declared its support for the steps announced by the transitional military council in Sudan, according to the Saudi official news agency SPA.
“The Kingdom declares its support for the steps announced by the Council in preserving the lives and property, and stands by the Sudanese people, and hopes that this will achieve security and stability for brotherly Sudan,” the SPA said late Saturday.
It added that Saudi King Salman bin Abdulaziz issued directives for the providing of a package of humanitarian aid, including petroleum products, wheat and medicines to Sudan.
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