Saudi Arabia indicators 2 developmental Framework MoUs with Haiti and Jamaica

by ADeeL

Saudi Gazette report

RIYADH — The Saudi Fund for Improvement (SFD) has signed 2 developmental Framework Memorandum of Understandings (MoUs) with Haiti and Jamaica.

The MoUs have been signed by SFD’s CEO Sultan Al-Marshad, the Prime Minister of Haiti Ariel Henry, and the Minister of Overseas Affairs and Overseas Commerce of Jamaica Kamina Johnson Smith, within the presence of Jamaica’s Prime Minister Andrew Holness.

The MoU signed with the 2 sides goals to open horizons for growth cooperation between SFD and the 2 nations, to contribute to the event of significant sectors in Haiti and Jamaica.

This comes throughout the framework of the efforts supplied by SFD to assist Small Island Growing States (SIDS) world wide.

It additionally embodies the keenness to confront the challenges that oppose the event course of in these nations.

The 2 MoUs affirm the significance of worldwide cooperation and solidarity to realize sustainable growth, with a purpose to contribute in strengthening social development and financial prosperity.

It’s noteworthy that SFD has provided its growth exercise within the member states of CARICOM for practically 4 a long time. Moreover, SFD began its exercise in some member states from the start of 2023, by financing roughly $670 million for the event of 12 initiatives and packages.

This comes as a part of the SFD’s efforts, which have financed greater than 800 growth initiatives and packages price greater than $20 billion, in additional than 100 creating nations world wide.

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