KSA Suggests Promoting Private Sector's Participation in Financing UN Sustainable Development Plan 2 New York

  • 2/5/2023
  • 10:01
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Furthermore, Dr. Manzalawi expressed his thanks to the organizers of this high-level event and the Kingdom's appreciation to the efforts being exerted by the committees and United Nations inter-agency task forces for their contribution to the achievement of the goals of sustainable development for 2030. He said, the Kingdom of Saudi Arabia's foreign aid channels are channeled through the Saudi Fund for Development, which funds development projects in developing countries through the provision of loans and the encouragement of national exports through financing and that the fund has a capital of (8.3) billion dollars and provides its contributions in the form of soft loans without regard to the geographical location and focuses on the financing of priority development projects, especially for poor countries. --SPA 01:30 LOCAL TIME 22:30 GMT 0046 www.spa.gov.sa/w757174

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