Middle East Economic Survey


No 30


Saudi Arabia

Saudi Arabia Allocates $4Bn Credit Support To Promote Non-Oil Exports

The Saudi Fund for Development (SFD) has allocated SR15bn ($4bn) to a credit and guarantee program for non-oil exports. Finance Minister Ibrahim al-'Assaf said that the new resource would be used to provide credit facilities to finance the exports. Mr 'Assaf added that the Saudi Export Program (SEP) began offering its services to non-oil national exports four...