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Saudi Gazette report
RIYADH — The Saudi Fund for Development (SFD) has signed 2 developmental Framework Memorandum of Understandings (MoUs) with Haiti and Jamaica.
The MoUs were signed by SFD’s CEO Sultan Al-Marshad, the Prime Minister of Haiti Ariel Henry, and the Minister of Foreign Affairs and Foreign Trade of Jamaica Kamina Johnson Smith, in the presence of Jamaica’s Prime Minister Andrew Holness.
The MoU signed with the two sides aims to open horizons for development cooperation between SFD and the two countries, to contribute to the development of vital sectors in Haiti and Jamaica.
This comes within the framework of the efforts provided by SFD to support Small Island Developing States (SIDS) around the world.
It also embodies the keenness to confront the challenges that oppose the development process in those countries.
The two MoUs confirm the importance of international cooperation and solidarity to achieve sustainable development, in order to contribute in strengthening social growth and economic prosperity.
It is noteworthy that SFD has offered its development activity in the member states of CARICOM for nearly 4 decades. Furthermore, SFD started its activity in some member states from the beginning of 2023, by financing approximately $670 million for the development of 12 projects and programs.
This comes as part of the SFD’s efforts, which have financed more than 800 development projects and programs worth more than $20 billion, in more than 100 developing countries around the world.
What's your reaction about this news🥰𝙒𝙚 𝙝𝙤𝙥𝙚 𝙩𝙝𝙖𝙩 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚𝙙 𝙩𝙝𝙞𝙨 𝘼𝙧𝙩𝙞𝙘𝙡𝙚. 𝙋𝙡𝙚𝙖𝙨𝙚 𝙨𝙝𝙖𝙧𝙚 𝙞𝙩 𝙬𝙞𝙩𝙝 𝙮𝙤𝙪𝙧 𝙁𝙧𝙞𝙚𝙣𝙙𝙨 𝙖𝙣𝙙 𝙨𝙪𝙗𝙨𝙘𝙧𝙞𝙗𝙚 𝙩𝙤 𝙤𝙪𝙧 𝙬𝙚𝙗𝙨𝙞𝙩𝙚 𝙗𝙮 𝙘𝙡𝙞𝙘𝙠𝙞𝙣𝙜 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙚𝙡𝙡 𝙄𝙘𝙤𝙣 (𝙇𝙚𝙛𝙩 𝘽𝙤𝙩𝙩𝙤𝙢 𝙤𝙛 𝙩𝙝𝙞𝙨 𝙋𝙖𝙜𝙚) 𝙩𝙤 𝙧𝙚𝙘𝙚𝙞𝙫𝙚 𝙣𝙤𝙩𝙞𝙛𝙞𝙘𝙖𝙩𝙞𝙤𝙣𝙨 𝙛𝙤𝙧 𝙚𝙫𝙚𝙧𝙮 𝙏𝙧𝙚𝙣𝙙𝙞𝙣𝙜 𝙖𝙧𝙩𝙞𝙘𝙡𝙚.🥰
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