Middle East Economic Survey

VOL. LI

No 37

15-Sept-2008

Sudan

ADFD Lends Sudan $100Mn

The Abu Dhabi Fund for Development (ADFD) has agreed to lend Sudan $100mn to support the countrys balance of payments, during a visit of Sudanese Finance and National Economy Minister 'Awad al-Jaz to Abu Dhabi. ADFD Director General Muhammad al-Suwaidi said that the loan is intended to help improve the economic situation in Sudan. Sudan also signed a memorandum of understanding with ADFD to prepare a feasibility...