RIYADH: Saudi Arabia and the United Arab Emirates on Sunday announced three billion dollars (2.7 billion euros) in financial support for Sudan following the overthrow of longtime leader Omar al-Bashir.
The oil-rich Gulf states pledged to inject $500 million into the Sudanese central bank and $2.5 billion to help provide food, medicine and petroleum products, the official Saudi Press Agency (SPA) said. It did not specify if the money is a gift or a loan. The deposit for the central bank is aimed at shoring up the Sudanese pound, the SPA said. In recent years Sudan has been hit by an acute lack of dollars, a key factor behind the nationwide protests that led to the toppling of Bashir by the army this month.