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Arab fund to grant Sudan a loan to help with economic structuring and reform

Khartoum, 9 March (SUNA) -The Arab Fund has agreed to grant the Sudan a loan to help it with the economic restructuring programme and the economic reform.

The fund which held its 186 meeting of the Executive Directors, on Thursday in the United Arab Emirates, reviewed the status of the new loans provided for its Arab member states with the aim of help them with their economic restricting programme and to help sustain a steady development as well as the provision of work opportunities.

The council has pointed out in a circular it published on its website that the meeting also discussed the provision of a loan to the Sudan, in response to a submission by the government of the Sudan.

The council agreed to provide the fund to help boost the economic reform programmes and to create the climate for small and medium size projects in the country.