Saudi Arabia has deposited $ 250 million in the central bank of Sudan as part of an aid package pledged by Abu Dhabi and Riyadh to Sudan, the kingdom's finance ministry said in a statement on Sunday.
The ministry said in a statement posted on its website that it had deposited 937 million five hundred thousand riyals ($ 250 million) in an account of the Central Bank of Sudan, under the direction of Saudi King Salman bin Abdul Aziz.
"This support will strengthen the financial and economic situation in the sisterly Republic of Sudan, especially the exchange rate of the Sudanese pound," Finance Minister Mohammed al-Jadaan was quoted as saying.
On April 21, the UAE and Saudi Arabia pledged $ 3 billion in financial aid to Sudan.
| Demonstrators in a sit-in outside the headquarters of the army's general headquarters in continuation of the protest movement that began in December (Anatolia) |
Aid Pack
A joint statement said the aid package included 500 million dollars as a deposit in the central bank "to strengthen its financial position, ease the pressure on the Sudanese pound, and achieve greater stability in the exchange rate."
"The remainder will be spent to meet the urgent needs of the brotherly Sudanese people, including food, medicine and oil derivatives," it added.
The UAE had announced the end of last month to pay its share of the deposit of 250 million dollars.
After four months of demonstrations, the Sudanese army on April 11 ousted President Omar al-Bashir, 75, who ruled the country for 30 years and formed a "transitional military council" that controlled government institutions.
Demonstrators sit in front of the headquarters of the army's general headquarters to continue the protest movement, which began in December to demand the departure of Bashir, demanding the military council to hand over power to a civilian government.