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Minister of Finance confirms ability of kingdom's economy to overcome stage of oil prices' drop 2 Riyadh

Bashir President of the Republic of Sudan, the minister of finance said that these agreements are related to projects of dams and the electricity sector, as well as drilling wells and irrigation canals.
He pointed out that these projects are part of the support provided by Kingdom of Saudi Arabia to brotherly and friendly countries, especially neighboring countries, including Sudan.
The minister of finance explained that the kingdom is active in financing exports to Sudan through Saudi Export Program of the Saudi Fund for Development, which has provided a funding of about 2.5 billion riyals from Saudi exports to Sudan and is continuing in this activity.
He stressed that there is considerable interest by the leaderships of the two countries to promote investment and trade cooperation in general, pointing out that Sudan is interested in being the food basket for Arabs through the Sudanese President's initiative to attract Arab investment to his country, particularly from the kingdom of Saudi Arabia.
The minister pointed out the Kingdom's efforts to encourage Saudi companies to invest in Sudan, as well as projects that are financed by the Saudi Fund for Development, particularly in the agricultural sector, dams, electricity and work to improve the investment environment in Sudan in order to increase the useful cooperation between the two brotherly countries.


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