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Sudan government says it received half billion USD deposit from UAE

KHARTOUM (7 Dec.)

Sudan’s President Omar al-Bashir on Tuesday announced that his country has
received a deposit worth half a billion US dollars from the United Arab
Emirates (UAE).

Last week, President Bashir concluded a four-day visit to the United Arab
Emirates where he discussed bilateral relations between the two
countries.Speaking during a meeting for the leadership office of the ruling
National Congress Party (NCP) on Tuesday morning, President Bashir said
that the UAE has offered a $500 million central bank deposit.

He further said the UAE has also pledged to provide Sudan's need of
gasoline for about six months and establish a solar energy station that
produces 1,000 megawatts of power daily.

On 4 November, the Sudanese government introduced an increase in the prices
of fuel and electricity in an attempt to control the rise in the inflation
rates.

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