Saudi Arabia approves SR 75 million loan to Mauritania

June 22, 2011

The Kingdom has approved the allocation of a loan of SR 75 million [$20 million] from the Saudi Development Fund (SDF) to Mauritania to assist in the field of food security. During a meeting Nouakchott yesterday, Saudi Ambassador to Mauritania Saud bin Abdulaziz Al-Jabri handed over the approval letter from the Saudi Minister of Finance and the President of the SDF to Mauritanian Minister of Economic Affairs and Development Dr. Sidi Ould Altah.

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